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5 Tips to SAVE on Private Health Insurance in Australia 

Money with Dan
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So you’ve decided that you need private health insurance in Australia and are wanting to keep the cost of premiums as low as possible?
In this video I am going to show the 5 best tips to reduce my gold level hospital private health insurance premiums by 44% off the standard price for all members under the existing rules. These methods are simple, available to most people and take only a short phone call to setup.
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If you want to learn how I have kept my insurance premiums at almost half of the average health fund member then stick around and I will show you how I did it.
Chapters
0:00 Introduction
0:53 Tip #1
1:43 Tip #2
4:06 Tip #3
5:51 Tip #4
6:39 Tip #5
7:49 Bonus
DISCLAIMER: it is important to note here that the information in this video is for general information and entertainment purposes only and is not a replacement for professional advice. Money with Dan is not a financial advisor. You should consider seeking independent legal, financial, taxation or other advice to check how the information in this video relates to your unique circumstances.
#privatehealthinsuranceaustralia #moneywithdan #savemoney

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5 июл 2024

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Комментарии : 17   
@tillykelp6340
@tillykelp6340 2 года назад
It's good to find Australian content on RU-vid. Much appreciated.
@MoneywithDan
@MoneywithDan 2 года назад
Thank you so much. I have more videos planned so hope you drop by again!
@ibraheemali9541
@ibraheemali9541 Год назад
i didnt get that excess part. you dont have to pay monthly premium if u opt for excessplan? and if yes will excess plan cover all the expenses with minimum downpayment of excess? say a surgery costs 10000 and excess plan is 750 will it cover the surgery?
@MoneywithDan
@MoneywithDan Год назад
It depends on the policy, how long you had the policy and type of procedure but often it would cover the hospital stay, but you would need to ring the insurer first to check. However doctor fees are seperate and often not covered by insurance and those fees make up the big out of pocket fees so make sure you get a quote for out of pocket expenses first before. If you’re not concerned about which doctor you use or don’t care about wait times then our public hospital system is a great alternative for many.
@ibraheemali9541
@ibraheemali9541 Год назад
@@MoneywithDan anhan thanks alot for an elaborate answer
@ibraheemali9541
@ibraheemali9541 Год назад
nice content and great tips
@MoneywithDan
@MoneywithDan Год назад
Glad you like them!
@ibraheemali9541
@ibraheemali9541 Год назад
@@MoneywithDan :) keep up the good work
@lightbringer9940
@lightbringer9940 2 года назад
Hi, does private health insurance cover overseas travel?
@MoneywithDan
@MoneywithDan 2 года назад
it is unlikely it will but ring your fund to check. You may need an extra policy at an extra cost
@lightbringer9940
@lightbringer9940 2 года назад
@@MoneywithDan thanks Dan
@BasedinReality1984
@BasedinReality1984 Год назад
Is the $90k income Before or after tax ?
@MoneywithDan
@MoneywithDan Год назад
Before tax. Thanks for asking
@BasedinReality1984
@BasedinReality1984 Год назад
@@MoneywithDan Thanks for replying. Looks like I better look into getting covered then :)
@ibraheemali9541
@ibraheemali9541 Год назад
is it compulsory to have a health insurance ?
@MoneywithDan
@MoneywithDan Год назад
no it’s completely optional in Australia for citizens. some visa holders need to have it though.
@ibraheemali9541
@ibraheemali9541 Год назад
@@MoneywithDan anhan ok thanks for a prompt response
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