We've had employer subsidised PHI for about the last 9 years. It's through NIB and we have been very very happy. Dental is important for us and we get 80% back per person per visit to the dentist every time we go for our 6 monthly checkup and clean. Basically means that we pay $20 each instead of $100. That alone saves us a fortune. DH also gets heaps back on his glasses... I did a woo hoo thread about him only paying $78 for a pair of prescription Prada glasses instead of nearly $900!!!

After you each turn 30 you will have to pay a percentage more each year for every year after that you don't have cover. This is a government stipulation to encourage people to take it out while they are still young and healthy. We took it out when I was 30 and DH was 32. So we only have to pay about 2% extra for him each year. Does that make sense?

I'd sign up before you have bubs if you are certain you want it.