Is Private Health Insurance Worth the Cost in Australia?
2025-03-08
Herald Sun
With nearly one in five Australians opting out of private health coverage and paying the Medicare Levy Surcharge, the debate rages on about the value of private health insurance. Experts are divided on whether taking out a policy is a worthwhile investment, considering the costs and benefits. In Australia, private health insurance can provide access to a wider range of medical services and shorter waiting times, but it's essential to weigh the pros and cons. Key factors to consider include health insurance premiums, out-of-pocket expenses, and the potential impact on your hip pocket. Private health cover can offer peace of mind, but is it worth the cost?
