Tax Time with Frank
Simple health cover at a ripper price.
From avoiding extras urcharges at tax time, to future proofing extra loading on your future premiums, there's never a better time to get hospital cover with Frank Health Insurance.
2025 WeMoney Health Insurance Award for the best Basic Hospital Cover.
No terms and conditions here. Just good news - we’re winners.
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Why EOFY?About hospital coverGet the lowdown on the potential tax perk of having hospital cover including the Medicare Levy Surcharge, as well as what you need to know about Lifetime Health Cover loading.
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Avoid MLS with hospital coverAbout MLSMedicare Levy Surcharge: an extra fee at tax time for high income earners who skip out on having hospital cover for the full financial year.
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Avoid LHC with hospital cover (if you're under 31)About LHCLifetime Health Cover loading: for every year you don't have hospital cover after 1 July following your 31st birthday, you'll cop a 2% loading on your hospital premiums (when you decide to take out cover).
Different types of cover
It's worth checking out all the different types of health insurance provided by Frank below, but you'll only avoid the MLS if you've got hospital or combined cover. PLUS if your aged between 18 and 29 you might be eligible for an age based discount on the cover you choose.
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Hospital coverAbout hospitalFrom surgeon costs to theatre fees, what does hospital cover pay towards?
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Frank BundablesAbout BundablesA new, simpler way to do extras cover. Simply bundle your hospital cover with a Bundables Extras product and unlock better benefits.
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Age based discountsAbout Age Based DiscountsIf you're between 18 and 29, good news! You might snag a sweet age-based discount on your hospital premium.
Affordable Frank covers
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Emergency ambulance
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Accident Protection
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Private Emergency Department Attendance Benefit
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Emergency ambulance
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Dental surgery
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Joint reconstructions
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Emergency ambulance
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Bone, joint & muscle
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Digestive system
* The price shown is per week and applies to a Single, aged 30, living in VIC. It excludes LHC loading and includes a Base Tier Government Rebate
| Extras services (when included on cover) |
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| All extras benefits except as specified below. Waiting Period: 2 Months |
| Optical, home and domestic aids and medical aids. Waiting Period: 6 months |
| Major dental services (including full & partial dentures, orthodontics, crown & bridgework, endodontic services such as root canal, gold fillings, indirect restorations, surgical extractions of a tooth/teeth including wisdom teeth). Waiting Period: 12 Months |
| Health appliances including nebuliser pump, blood glucose monitor, pressure garments, sleep apnoea monitor, extremity pump, hearing aids, orthopaedic appliances (GMHBA approved), prostheses (GMHBA approved non-surgical), tens monitor, podiatry surgical procedures and orthotic appliances (foot). Waiting Period: 12 Months |
| Hospital services (when included on cover) |
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| Accidents - bodily injuries resulting from accidents which occur after the date of joining GMHBA or upgrading to a higher cover. Waiting Period: No |
| Obstetrics and maternity. Waiting Period: 12 months |
| Pre-existing ailment, illness or condition (other than psychiatric, rehabilitation and palliative care). Waiting Period: 12 months |
| Any other benefit for hospital (or hospital substitution) treatment. Waiting Period: 2 months |
A pre-existing condition is one where signs or symptoms of your ailment, illness or condition, in the opinion of a medical practitioner appointed by GMHBA (not your own doctor), existed at any time during the six months preceding the day on which you purchased your hospital insurance or upgraded to a higher level of hospital cover and/or benefit entitlement.
A special waiting period applies to obtain benefits for hospital treatment for new members who have pre-existing conditions. The waiting period also applies to existing members who have recently upgraded their level of hospital cover. If the ailment, illness or condition is considered pre-existing:
New members
New members must wait 12 months for any hospital benefits (other than psychiatric, rehabilitation and palliative care).
Existing members (transferring or upgrading)
Members transferring/upgrading to a higher hospital cover must wait 12 months to get the higher hospital benefits (other than psychiatric, rehabilitation and palliative care).
Existing members (with at least 12 months membership)
Existing members with at least 12 months membership in total across their old and new cover are entitled to the lower benefits on their old cover.
Silver Hospital cover provides the same single room coverage as Gold Hospital, but co-payments of $100 per day up to a maximum of $700 per admission apply. Co-payments are not the same as hospital excess. Please note: Some private hospitals only have single rooms and co-payments will apply.
Co-payments do not apply.
Reasons to love Frank
Frank health insurance is simple, easy, not-for-profit health insurance. We're here for our members, not shareholders. And because that's all we do, we do it well. We talk straight, and don't complicate.
Choose your own provider
Less overheads means you pay less
30 day cooling off period
Award winning hospital cover
Highly Commended in the Basic Hospital category at the Finder health Insurance Awards '22, '24 and '25.
Best for Basic Hospital Cover in the 2025 WeMoney Health Insurance Awards.
2025 WeMoney Health Insurance Award for the best Basic Hospital Cover.
No terms and conditions here. Just good news - we’re winners.
