Any advice for those of us in our 40s that don't currently have extras or hospital insurance? We are fairly healthy but wear glasses. Two kids u18. Our local hospital is new & has everything, I can't see the advantage of having hospital cover. What am I missing?

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Hospital cover will definitely come in handy if ever your kids need elective surgery for example. I had my wisdom teeth taken out in a private hospital... well worth it.

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I am struggling to make relation to being financially better off by having extras cover using the examples you have described above.

The dental quote includes X-ray which not frequently done under a general preventive dental. Depending on the condition of your teeth may have an X-ray once every 3 years. This is not an ongoing "saving" like you are trying to describe.

I cannot see what your defining as an exercise course given you show general examples like swimming or PT session. In your quote what are you referring to? The average person will likely not access $255 worth of an "exercise course." You further reference potentially needing doctors certificate to access these features, the cost of this consult is not considered in your "savings." You later reference your cost is based off ahm lifestyle extras. I can see under their lifestyle extras cover they reference exercises classes, not course being covered, with the caveat of potentially needing medical screening prior to accessing this feature.

Regards to getting 100% back on optical. The reality is most people will not access this feature. Especially annually, if they are it's likely they only access the feature to make paying their "extras" cover worth it.

You state a 3 month supply of contraception is $80. I have used multiple contraception medications (brands and strengths) none have cost me $80. I have checked ahm lifestyle extras disclosure on contraceptive medications where they state: Benefits are not payable for oral contraceptives (unless they're prescribed for purposes other than contraception). Other purposes being later defined at PCOS, Acne, period pain, endometriosis.

I guess before you recommend extras cover in a financial magazine ensure you have solid research. A good take away for others reading this is to do your research on the extras. Think long and hard about if you will be using the features in the extras You are paying for.

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I think this article is a gross misrepresentation of value offered. Here is why, as per her example, She got less than 50% back on the dental visit, cost of therapist visit has not been stated but the rebate has been which i have dismissed here. Given the figures quoted in this example adding the gap back to cost of extras cover. I am already out of pocket by $108.

Besides @renee cummings, states the obvious fact on oral contraceptive.

The best I can describe this article is misinformed and misleading.

@ Nikki - yes there is an alternative it is called Xtras Health Plan Savings scheme. It is not insurance, the best way i can describe it is super for health. Small amount aggregating and over time I have created an account where I dont have gaps on health visits. It is an Australian Company and is new, the only negative i see is that they are slowly growing the practitioner base but are wanting to grow the member base first so that they can negotiate better rates with health providers

Cheers

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"For any Aussies who turned 31 in the last 12 months, that's a deal definitely worth considering as it means you'll avoid the Lifetime Health Cover Loading penalty that's applied from July 1."

Lifetime health cover loading penalty only applies if you don't have private HOSPITAL cover, not private EXTRAS cover.

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OMG this person who wrote the article is senior underwriter. bullshitting people here. No knowledge, no research was made.

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