Health insurance
Got carried away trying to remember the password for HIF and now it has locked me out of my member account til I speak to a human on the phone on Monday, curses. Or maybe I can email.
I'm looking at adding hospital cover to the ancillary options I already have.
For those, they seem to charge me $15.15 every month, which is 50.5c per day. If I paid fortnightly, I would only pay $7, which is exactly 50c per day.
The waiting period on hospital cover is 12 months.
If one wants a private room in hospital all paid for (so as not to freak out from being surrounded by sick people), the only option is the most expensive 'Gold Star' insurance, but it seems you can pay extra to upgrade when you get there (a 'co-payment').
With that in mind, it appears their lowest level of cover will be OK. The Gold Starter, along with exisiting Saver Options ancillary comes to $23.90 per fortnight.
If I have to wait 12 months / 26 fortnights, I will have paid them only $621.40, that's not too bad.
Plus they will have given me back the benefit for probably three dosages of boy power, which is $240. So $381 to the health fund, plus the other half of the boy power cost, $225.
So if I make a big claim after 12 months, they will lose all the money I gave them. But I suppose I will keep the cover on indefinitely and they'll make it back over the next however many years of me not going to hospital.
So I guess I'll ask how the 'co-payment' thingy works and then get them to upgrade me to hospital cover and let me back into my account!
I'm looking at adding hospital cover to the ancillary options I already have.
For those, they seem to charge me $15.15 every month, which is 50.5c per day. If I paid fortnightly, I would only pay $7, which is exactly 50c per day.
The waiting period on hospital cover is 12 months.
If one wants a private room in hospital all paid for (so as not to freak out from being surrounded by sick people), the only option is the most expensive 'Gold Star' insurance, but it seems you can pay extra to upgrade when you get there (a 'co-payment').
With that in mind, it appears their lowest level of cover will be OK. The Gold Starter, along with exisiting Saver Options ancillary comes to $23.90 per fortnight.
If I have to wait 12 months / 26 fortnights, I will have paid them only $621.40, that's not too bad.
Plus they will have given me back the benefit for probably three dosages of boy power, which is $240. So $381 to the health fund, plus the other half of the boy power cost, $225.
So if I make a big claim after 12 months, they will lose all the money I gave them. But I suppose I will keep the cover on indefinitely and they'll make it back over the next however many years of me not going to hospital.
So I guess I'll ask how the 'co-payment' thingy works and then get them to upgrade me to hospital cover and let me back into my account!