Cheap health insurance options for families with Frank.

What Cheap Family Health Insurance Plans Offer The Best Value?

Running a family is a huge responsibility and ensuring the health, happiness and wellbeing of your children is never an easy job. While there is no way to predict if you or your kids might become sick or suffer an injury, there are certain measures you can take to help ease the stress of these situations. Cheap family health insurance plans can give you the peace of mind while remaining within your budget.

* 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

What low cost hospital policies does Frank offer families?

Your policy will provide you with the peace of mind of being able to choose your hospital and doctor and have your own private room in most private and public hospitals. Having a cheap family health insurance plan will ensure your waiting periods are shorter for any surgery’s you may require and make sure your have no or little out of pocket expenses for any hospital costs including accommodation and doctors’ fees.

What do I need to know when choosing family health insurance?

When choosing a cheap family health insurance plan that meets the needs of your family you need to make sure you know what you are paying for. For example there is no use having obstetrics included in your policy if you are not planning on having any more children. You need to make sure you choose a health cover that suits your needs so you are not paying for anything you do not need to.

It is also important when choosing a health insurance plan to also consider adding extras cover to make sure you are covered for services such as dental, pharmacy, optical, chiropractic, physiotherapy and lots more. It is however important to note that there are waiting periods on health insurance plans so make sure you think ahead and include them now for the future.

Are there any family tax benefits if I have private health insurance?

The Medicare Levy Surcharge is an additional tax imposed on people who do not have hospital cover. Currently for families if your combined income is over $168,000 and you do not have private health insurance you are taxed an extra 1-1.5%.

The other thing families need to take into consideration is the Lifetime Health Cover. This is a Government initiative designed to encourage people to take out hospital cover before they turn 31 and maintain it. For those people who do not take out hospital cover by the 1 July following your 31st birthday a 2% loading is added to the base of their health insurance premium each year above the age of 30 that they are without hospital cover to a maximum of 70%..

At Frank we can provide cheap family health insurance plans that cover you for only the services you require and not the ones you don’t! We will tell you what’s covered and what’s not. At Frank we make sense of all the technical mumbo jumbo on your behalf. Get more than just health insurance with Frank. 

Family cover for the same price as couple cover

Cheap family health insurance plans are often viewed by many adults as the most important insurance policies they hold each year as they want to make sure not only they are taken care of if they are sick or injured but also their children. The good news is that Frank’s family hospital cover is the same price as the couple’s policy so now you can all be covered for no additional charge.

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.