The Best Cheap Health Insurance Options With Frank

Work out what is best for you

Frank Health Insurance can provide you with a range of cheap health insurance options that can be great value, if you are a couple, a family or a single. But we are more than that. We know health cover can be complicated and restrictive, and we have made it our mission to provide choice and simplicity. The last thing you want to do is spend hours searching through the fine print, trying to understand different policies and whether they offer you what you want. We get that different people have different needs, so we offer cheap health insurance options that can both meet your health needs and help you not pay for things you don’t need. Before you start looking for cheap health insurance options, work out what you want, what you need and what you expect from health cover. There may be a few things you expect health cover to provide.

* 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 may also be a few things on top of that you think might be good to have. Then there are the treatments and services you think you are likely to need. To work those out, be practical about your own health and the health of your family, as well as your lifestyle. Do you have a family history of illness? Do you have a condition yourself? Do you play a contact or a ball sport? Do you wear glasses? Are you overweight? Do you have dodgy knees? The answers to all these questions can help you narrow down your cheap health insurance options by highlighting what treatments or services you are likely to need.

Extras options with Frank

We aim to make it simple to find cheap health insurance options, and at the same time offer you benefits for treatments you might use. When it comes to extras health insurance, we make it easy to choose between getting the same amount back or a set percentage back per visit in a calendar year up to your annual limits.

Is percentage back or fixed benefits better? Well that depends on how many visits you'll have in a year. With fixed benefits you're going to get the same amount back, regardless of how much your provider charges you which makes it simple to work out how many visits you can get in a calendar year before you reach your annual limits. Plus, you'll get 100% back on optical (Simple, Everyday & More Extras) and 100% back on orthodontics (More Extras only).

When comparing 50% or 80% back, if you choose a 50% benefit option, you can pay less in premiums, will have a higher out of pocket for your treatments, but take longer to reach your annual limits. With the 80% extras option you get more back each time you claim, which can mean you are likely to reach your annual limits faster.

Hospital cheap health insurance options

At Frank, we also have plenty of cheap health insurance options when it comes to hospital cover. Hospital insurance could provide cover for when you are admitted to hospital for accidents and emergencies or elective treatments like joint reconstructions, dental surgery or eye surgery. We offer five choices of hospital cover – Basic Hospital 500 (Basic+), Private Hospital (Bronze), Better Hospital (Bronze+), Max Hospital (Silver+) and Top Hospital (Silver+). As they sound, each offers different levels of cover. Frank's Basic Hospital 500 (Basic+) cover provides basic level of cover in a public hospital (as a private patient). The option to add some private hospital cover is available. Basic Hospital 500 (Basic+) could cover hospital fees, doctors’ fees and the costs for shared accommodation in a public hospital. However, Basic Hospital 500 (Basic+) does not cover costs for a single room in a public hospital or any room in a private hospital. Common procedures such as accidental injury, hernia & appendix, tonsils, adenoids & grommets in ears, joint reconstructions, tonsils, adenoids and grommets can be covered in a private hospital by changing to Basic Hospital Plus (Basic+).

Our Private Hospital (Bronze) and Better Hospital (Bronze+) plans could cover you in a private hospital, but has more exclusions and restrictions than Max (Silver+) and Top Hospital (Silver+) cover. Max Hospital (Silver+) and Top Hospital (Silver+) could cover you for a greater range of treatments, including joint replacements, cataracts and other commonly excluded services.

With Frank's hospital covers, we’ll pay benefits for up to 120% of the Medicare schedule fee for the procedures and services performed by a doctor (unless the procedure or service is restricted from the cover).

Skip 2 & 6 month waits on extras when joining combined cover*

*12 month waits, annual and sub limits apply. For new members (if you have been a Frank Health Insurance member in the last 12 months, sorry you don’t qualify). Extras claims made with a previous fund are included in your annual limit. Not available in conjunction with any other offer. Ends August 15, 2019