Why do I need private health insurance?

With access to Medicare for Australians, many people are asking why do I need private health insurance? Although the reasons differ for many of us, here are the main advantages:

1. Avoid waiting lists

The public system’s waiting lists can be extremely lengthy. But if you have private health insurance, depending on your level of cover, waiting lists can be significantly reduced and in some cases non-existent. Which potentially means faster attention. You will also get “locked in” dates meaning that you’ll know exactly when your operation is.

2. Your choice of doctor

You’re feeling nervous about an operation in the public system, and then when the day comes you discover you’ve never actually met the surgeon operating on you. Having private health insurance removes that uncertainty. It allows you to personally choose your doctor well in advance, and gives you the opportunity to seek peace of mind.

3. Accidents happen

You’re young and healthy, so don’t need health cover, right? Unfortunately, it doesn’t always work out that way. No family history of serious illness? But you can’t always know what’s around the corner. Something unexpected like needing to have your tonsils out, or treatment to help you manage an injury from a freak accident could land you on a public hospital waiting list for months – or a hefty fee in a private hospital if you’re not insured.

4. You could pay less tax

If you’re single, earn over $90k a year (or a couple earning over $180k) and don’t have appropriate hospital cover for you and all your dependants over the whole year, you may be charged the additional Medicare Levy Surcharge (MLS) of 1-1.5%. Speak to your tax adviser for advice on your personal circumstances


Get in touch if you would like to find out more about Bupa health insurance and whether you’re eligible for corporate cover. If you have access to a Bupa corporate health plan, don’t forget to mention your company name when you chat with us.

Request a call back: bupa.com.au/callmeback

Check to see if you’re eligible for a Bupa corporate health plan: bupa.com.au/corporatecheck