Yep, BG, we made our call re: the rebate etc. We've got good coverage for our risk profiles through CFA, horseriding etc, and apart from that we are healthy individuals. Dentist once a year (twice tops) and osteo/massage/acupuncture cost us less than a premium minus the piddly refunds we were getting.
Had DS been born with any health issues, we may have kept it on.
I'm not advocating dropping it. Just advocating having a good think about it - the rebate penalty thing isn't the be all and end all, necessarily