Depending on income it can reduce your tax if you are in a certain bracket that pays more levy on medicare.
This is a good reason!

Now we are coming to realise why it is a good idea to have it besides the luxury of birthing in a private hospital. 4 little mouths full of teeth that will need checkups and possibly orthadontic work if they take after their father are making extras cover very appealing right now lol.

Another reason to think about keeping it is that while you are fit, you could stand in a pothole or fall off your bike and you might need "elective" surgery for a resulting injury. Someone I recently met decided to self fund her knee reconstruction because she didn't want to wait for 18 months on the public waiting list and it cost her $8k! She has PHI now