Tag: Health Insurance Australia
Switch & Compare Health Insurance Without Losing Waiting Periods
Most Aussies think they overpay for health insurance but still stick with their current policies. Why? One big reason is the myth that changing health funds means starting over with new waiting periods. At Utility Market, we hear this concern daily. Thankfully, it’s based on a misunderstanding. The truth is that the government has rules […]
Choosing the Right Health Insurance Plan in Australia
In Australia, health insurance isn’t merely a box tick, it’s about providing yourself with more choice, control, and peace of mind when life has curveballs in store. Yet, with dozens of policies, confusing add-ons, and constantly changing conditions, selecting the right health insurance plan may appear daunting. Let’s simplify it in straight-talking Aussie terms. What […]
Why Health Insurance Comparison Should Be Part of Your Utility Checklist
When Australians think about comparing utilities, their minds often jump to electricity, internet, or gas. But there’s another essential service many overlook, health insurance. Just like your energy bills and broadband plans, health cover is a recurring cost that can vary widely in value and affordability depending on your provider inclusions and life stage. Embracing […]
Don’t Compare Blindly: 5 Private Health Insurance Pitfalls to Watch Out For
If you have never purchased private health insurance before, the amount of tasks involved in this may seem overwhelming. From the search for the huge variety of policies available in Australia to the understanding of tiers and, of course, to the study of the fine print in the Product Disclosure Statement, which most people skip. […]
7 Things Your Health Insurance Provider May Not Reveal
Want to know all the secrets behind maximizing what you are getting from your health insurance? From savings to increased coverage or extra benefits, our tips from our health insurance industry insider can provide assistance to reach your goals. 1. Watch for short-term incentives at the beginning of the year Health funds usually offer their […]
How Waiting Periods Work in Private Health Insurance Plans
A waiting period is a certain period of time that you have to complete before making a claim for a specific service under your private health insurance. Awaiting periods may be associated with both the hospital and extras parts of private health insurance, but what differs them is that the Australian government stipulates maximum awaiting […]
Avoid the Confusion: Pick the Right Health Insurance Plan Early
When one is young and full of good health, health insurance will probably be the last thing one will be thinking about. Right? With all the considerations about rental payments, travel arrangements, weekends, and job ambitions, health insurance may appear to become a consideration at some later stage. But this isn’t always true. Starting early by […]
The Ten Smart Principles of Choosing Private Health Insurance
As we all know, there are many complexities involved in choosing between various policies and even buying the right one from an insurance company in Australia. When it comes to choosing private health insurance Australia, we know that it can be a difficult process to navigate. The best thing to know, however, is that there […]
Why do private health insurance premiums rise at the start of each financial year?
Private health insurers in Australia are required by law to raise premiums no more than once a year, as stated by the Department of Health, Disability and Ageing. Every year, these insurers need to apply for permission from the Federal Government to increase their premiums, typically before mid-November. After being granted permission, such increases can […]