I decided I wanted to have my bubs in a private hospital after spending a week in hospital with snoring wardmates when I had my appendix out. I wanted some privacy!
In the long run I guess it has cost heaps if you take into account the premiums over 4 years I've had top cover.
If you take out a health care table with a single excess payment instead of a daily co payment the costs will be lower if you or the baby have a longer than expected stay. The hospital told me that if you or the baby have special needs that they can't cater for, you will be transferred out anyway so I'm not sure how that affects your excess.

I loved having DH stay with me and having my own OB. Although there is a chance he may be on holidays and in that case it would be his locum.
The only downside is the private hospital that I had Mason in had a staff shortage and they had lots of temps who I felt were not as caring at the permanent staff. One didn't know how to fill out the discharge paperwork though I'm sure it wasn't entirely her fault.