I have grown up with my parents telling me i 'should' have private health insurance. When i turned 18 (i think) my mum took me to set up my own account as i was no longer covered by theirs.

So since i was 18 that's what i've had. As a young adult i had hospital and extras and when DH came along we had couples cover. Then the children came along, finances changed and the cost of family cover was out of our reach. So my logic was choose hospital only more so just so i still had health insurance.

But now that i'm at home with three kids, we're on one wage and watching every dollar spent this seems like a really pointless bill. Then again the second we get rid of the cover whoes to say we may not need it? Idealy extras only would be more of a benifit as i'm sure with three kids we would get more use out of it. Not even sure if this is possible and if it's in our price range??

So we're in the process of making some financial changes to suit our situation better and to have or not to have health insurance is on the cards. I'm struggling to let go because of what my parents have always instilled in me and DH is saying just get rid of it, we're paying this money for no real reason.

Just curious as to others logics of having or not having health insurance? There's also the 'tax time' advantage they they advertise but we just did our tax return and even with health insurance we payed a significant amount in medicare levi.

Ideas and experiences would be greatly appreicated