Where do I find the greatest value cheap health insurance for singles?

Look closely at the policies

Believe it or not, health insurance doesn’t have to be expensive, complicated or convoluted. We know the irony of a health fund saying that, but stay with us on this one. At Frank, we believe cheap health insurance for singles should be simple to understand and affordable. It should also allow you to choose the level of cover you require. This is pretty much why we exist. Becoming ill is stressful enough, and we know you want cheap health insurance for singles that can give you peace of mind and provide benefits to help your budget cope with unexpected health costs.

Browse our covers

* 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

Policies for singles do not need to be expensive and having cheap cover does not have to mean you are missing out on a heap of treatments and services. When it comes to cheap health insurance for singles, value can mean different things to different people. Picking the cheapest policy you can find might not be the best value for money. The secret is to pick the best policy that is both right for you and for your back pocket. Look at both hospital and extras cover, ask yourself as many questions as you can about your health, your family’s health, your lifestyle and what you expect from cheap health insurance for singles. Look at things like waiting periods, excess, annual limits, benefits and out-of-pocket expenses, and mine the detail about what treatments are on offer. That will give you a good head start when it comes to finding value.

Discover the benefits of hospital cover

There is probably nothing worse when you need elective hospital treatment than having to wait in a long public queue. Our public hospital system is great, but having cheap health insurance for singles can help you avoid those long public waiting lists by being treated in a private hospital. Three of our hospital policies could cover you for treatments in a private hospital. Not surprisingly, different levels of policies can give you different levels of cover. Health funds, including us, can offer cheap health insurance for singles that only covers you for treatment in a public hospital, as a private patient. This can be an affordable cover, with low up-front premiums. Make sure when you are looking for cheap health insurance for singles you identify any medical needs that can be anticipated in the future and make sure these treatments are included in your plan. Things like maternity coverage is an obvious must-have if you are looking a starting a family, especially as there is usually a 12-month waiting period, and not all policies offer it. If you have a family history of heart disease, you may want to make sure your coverage includes heart related services. It is important to ask the right questions when looking at different policies and make sure that the policy suites your individual circumstances and budget.

Don’t forget extras

Extras can be a good place to start if you are looking to dip your toes into cheap health insurance for singles. Whatever happens, Medicare will cover you in a public hospital for emergencies or accidents, and if you are happy with being treated in the public hospital for any injuries or elective surgeries, then extras can give you that little bit, well, extra. Once again, when it comes to extras, cheap health insurance for singles doesn’t have to mean bad health insurance for singles. There are a lot of health cover options out there for single people, which means you have plenty of choice, but it can mean you also have to wade through a lot to find the one you need. As we mentioned before, we are here to make health cover simple, and we have two extras covers that do just that. Extras provides benefits for treatments and services outside of hospital, like dental, physio, chiro and optical. Our extras options come with two different levels of benefits – 50% and 80%. This can give you both simplicity and choice. Do your homework to understand what treatments are included in each of our extras policies, and what the waiting periods are on each of them.

Once you have done that, look at the annual limits and try and work out what treatments you think you will use most. From all this, you should be able to get a pretty good picture of which of our cheap health insurance for singles suits you best.  Also, keep in mind the Federal Government wants as many young Australians as possible to take out private health insurance. They start by offering a rebate for people when they take out either extras or hospital cover. They have also created Lifetime Health Cover which results in a 2% penalty loading on top of your health insurance premium if you don’t take out hospital before you are 31.

So, to find the greatest value cheap health insurance for singles, you can start looking here.

We get that you don’t want to pay any more than you have to. And being on a budget won’t stop you from being covered at Frank. You can have the peace of mind without breaking the bank, and know that whatever life throws at you, you are doing your best to hit it out of the park.

Join on combined hospital and extras cover by October 31 and get six weeks free.*

Get a quote *Applies to direct new members (if you have been a Frank Health Insurance member in the last 12 months, sorry you don’t qualify). Pay first month to get six weeks free. Offer ends 31 October, 2017.