Taking out Private Health Insurance has many benefits:
- Peace of mind - CBHS Hospital Covers give you the peace of mind to know that if you are in an accident, or unexpectedly hospitalised, you will be taken care of.
- Extras services - CBHS Extras Covers provide benefits towards services not covered by Medicare, like dental, prescription glasses, massage and gym membership.
- Choice of doctor - Our Hospital Covers provide the option of choosing the doctor or specialist you want, giving you greater freedom and choice in your health care.
- Avoid lengthy waiting lists - Choosing a Hospital Cover that gives you cover for Private Hospitals means you can get the care you need sooner by avoiding the lengthy waiting lists in the public system.
- Minimise the gap - Medicare only covers a percentage of the doctor's schedule fee for private inpatient treatment. A lot of doctors and specialists will charge above this schedule fee, meaning out of pocket expenses for you. Thanks to the agreements CBHS has with many doctors, you can reduce or even remove this "gap", meaning less cost for you.
- Avoid the Medicare Levy Surcharge - High income earners who do not have an appropriate level of Private Hospital cover must pay an additional 1% tax levy over and above the usual 1.5% Medicare Levy Surcharge. You can avoid this by taking any CBHS Hospital Cover.