What cheap health insurance plan will benefit my family the most?

Focus on protecting your family

We all know families are important and the last thing anyone wants to do is compromise on something as important as the benefits of having health insurance cover for your family. That thing you feel when you put your first born in the car at the hospital and drive them home never really goes away. You drive home like you have a grenade in your lap. It’s a mixture of fear, excitement, love and responsibility. Despite that feeling and determination, sooner or later you realise you can’t personally protect your family all the time, even though you want to. When it comes to your family’s health, we can give you a big helping hand.

* The price shown is per week and applies to a {LIFESTAGE} living in VIC with a $500 excess. It excludes LHC loading and includes a Base Tier Government Rebate

There are many benefits of having health insurance cover for your family, and it starts with an understanding of how it all works. Both extras and hospital cover can be important for your family. Hospital insurance can provide cover when you or your family are admitted to hospital. No matter how old or young you are, hospital can be a reality, and knowing you are backed up by the benefits of having health insurance cover for your family can give you peace of mind. The same can be said for extras cover. Extras cover provides benefits for those treatments you need as a family but don’t have to go to hospital for. Treatments like dental, physio, chiro and alternative therapies. Even things like hydrotherapy and travel vaccinations can be covered. Cheap health cover doesn’t mean poor health cover. And on the flipside, the most expensive cover might not be what you are after. And there is no point paying for things you probably won’t use. So take note of what the benefits of having health insurance cover for your family can be.

Extras for the whole family

When it comes to extras, there can be plenty of benefits of having health insurance cover for your family. The first one is knowing we can provide benefits for treatments that can cost you a lot of money. Treatments like dental can cost a family a lot, especially if you have at least a couple of kids. Both our extras policies – Lots and Some – cover your family for both general and major dental, which should cover most of your family’s dental needs. By ensuring both our policies include both kinds of dental cover, the benefits can be shared across the entire household. Both our extras covers offer benefits of both 50% and 80%, giving you flexibility in the way you manage your insurance.  As families grow and change, so can your cover. Our extras plans also include benefits for orthodontics and optical, and you can upgrade your cover to include treatments like podiatry at any time. And for parents, there are plenty of benefits of having health insurance cover for your family when you choose extras. Whether it be remedial massage, alternative therapies or antenatal and postnatal classes, the entire family can be covered. And having extras can help you be proactive with your health, something we thing is really important.

In fact, we will give you regular updates on how to get the most out of your extras cover. But whatever your choices, it’s important to remember there are waiting periods for most extras treatments. These can vary between 2 months and 12 months, and are there to protect all our members and help us keep premiums low. Most extras covers also include annual limits, which is a cap on how much you can claim in a calendar year on individual treatments. All up, the benefits of having health insurance cover for your family can really come to the fore with extras cover.

Hospital cover can benefit everyone

If you don’t know it already, we are all about affordability and choice. We know health funds have had a bad rap over the years and we don’t expect you to love us. But the good news is we do things differently, which means you probably won’t hate us. There are plenty of benefits of having health insurance cover for your family if you choose hospital cover. The most obvious one is, again, choice. Having hospital insurance could cover you for treatment in a private hospital, or in a public hospital as a private patient.

If you choose to be treated in a private hospital, you will also get to choose your doctor or specialist. When it comes to children, having a doctor they know or trust can be very important, especially as hospitals can be scary places if you are young. The other key benefit is around waiting lists. Choosing to have elective treatments at private hospital means you will avoid public hospital waiting lists. No doubt you want to have your child home as early as possible, and your family will want to have you as home as soon as they can if you end up there, too.  And the benefits of having health insurance cover for your family don’t just end there. While Australia’s public health and hospital system is one of the best in the world, it can be a little bit crowded at times, so the Federal Government is keen on encouraging people to take out health cover.

They do this a few ways, firstly by offering a rebate to people no matter which cover they take out. The rebate is indexed and the size of it depends on your income and your age. Then there is the Medicare Levy Surcharge, which kicks in if you have a taxable income over $90,000 as a single or $180,000 as a household. Thirdly, there is Lifetime Health Cover loading, which encourages young people to sign up as soon as they can, by making it more expensive the later you take it out.  

Get 1 month free + skip 2 & 6 month waits on extras* when you join on combined cover by March 31.

*For new members (if you have been a Frank Health Insurance member in the last 12 months, sorry you don’t qualify). Must pay first month to receive second month free. 12 month waits, annual and sub limits apply. Offer ends 31 March, 2018.