thread: Lifetime health Cover?

  1. #1
    BellyBelly Member

    Jul 2010
    Melbourne
    2,737

    Lifetime health Cover?

    I just received a letter about LHC (lifetime health cover) Since I am now 31 years of age I have until July 1st to get private health. (I'm assuming this is what it all means) I don't have PHI and wasn't intending on getting it either. Quite frankly I just can't afford something like PHI and even if I had have taken it out when I was younger, I don't think I would have actually used it yet anyway. So what happens if you can't afford it? You just get slugged with the extra 2% for every year that I wait? This sounds ridiculous to me. I am not impressed

  2. #2
    BellyBelly Member

    Aug 2010
    Sydney Aus
    1,164

    Lifetime health Cover?

    Yes, this relates to hospital cover only - not "extras" from my understanding.

    This explains it quite well http://www.privatehealth.gov.au/heal...ealthcover.htm

  3. #3
    BellyBelly Member

    May 2010
    Land of Dreams
    1,201

    Re: Lifetime health Cover?

    I received a letter about this today too. I have until June to sort it out. We are in no position to get PHI, so guess I'll just suffer the outcome

  4. #4
    BellyBelly Member

    Jul 2010
    Melbourne
    2,737

    Re: Lifetime health Cover?

    It's so unfair There is just no room for ANOTHER monthly direct debit in our household.

  5. #5
    BellyBelly Life Subscriber

    Feb 2006
    melbourne
    11,462

    Re: Lifetime health Cover?

    It's been like that for years so I don't really get why you're upset about it if you can't afford it don't get it.

  6. #6
    You were RAK'ed in 2015.
    Add beansbeans! on Facebook

    May 2008
    with the fairies and butterflies
    2,535

    Re: Lifetime health Cover?

    Dh got this letter today, even though we have cover. We get ours taken out fornightly and I think just hospital cover costs our family about 40-50 a month, it's the extras that are costly.
    The reason why I will try to never drop it is because of how expensive an accident can be, and that's just looking at the ambo costs, let alone any other treatment.

  7. #7
    BellyBelly Life Subscriber

    Feb 2006
    melbourne
    11,462

    Re: Lifetime health Cover?

    I'll never drop ours either, we only have basic cover, a few years ago we claimed over 11k for admissions/operations, had we not had it we would have had to wait for public or pay $$$ out of pocket

  8. #8
    BellyBelly Member

    Jul 2010
    Melbourne
    2,737

    Re: Lifetime health Cover?

    While it would be nice, we just can't afford it right now. I was under the impression it would only affect us if we earnt over $150K (pfft, we wish) Or am I thinking of something different...

    Oh and we have ambulance cover. $80 a year is reasonable.

  9. #9
    BellyBelly Member

    May 2010
    Land of Dreams
    1,201

    Re: Lifetime health Cover?

    Ambulance cover was a must for us.
    I was in a car accident a few years ago (along with 3 kids + another adult), 3 of us needed the ambulance, each received a $980 bill. TAC paid them all, but had we had to, at least cover would have saved us just under $3k

  10. #10
    BellyBelly Member

    Jul 2010
    Melbourne
    2,737

    Re: Lifetime health Cover?

    Yeah, especially now we have DD to consider. And thank goodness it's affordable