I wasn't sure whether to put this in the money/budgeting section or health thread.

DH and I are reviewing our finances and have decided that we need to 'trim' our budget. This is probably a rather complex question, but I am just wondering what other people's views are on the necessity of private health insurance? We have had a basic level of private health cover for the past few years which includes some extras for chiro, naturopathy etc, but are starting to wonder just how necessary it is?
Some facts I've been considering are;
We chose midwifery-led care for both our boys births via the public system and don't plan to deviate from this for any future births.
Private health can only ensure you may receive faster service for non-life threatening illness or injury. Therefore, if something serious such as a car accident or cancer rears its ugly head, the public health system foots the bill for treatment anyway...
DH and I (and kids) live a very healthy lifestyle - don't smoke, drink sparingly, eat natural organic foods, use chemical-free products, keep fit etc etc, so statistically speaking our risk rate is low. However these lifestyle choices are only more likely to prevent illness that the public system takes care of anyway. They will not prevent a non-life threatening injury that health insurance would cover (ie - knee operation).
I know our western society endorses the view that it is irresponsible to not have private health cover, but to date I cannot really say that we have felt the benefits, at least not in relation to the hundred or so $$ that we are forking out each month.

If anyone is happy to argue the whys and why-nots for having private health cover, and what you have chosen to do, I would be glad to hear it.

Cheers!