This is a question that we get a lot – particularly around June when the insurance companies have lots of ads on TV telling everyone that they will be severely penalised if they don’t!

But do you really need it?

No, not necessarily for everyone. We are talking from a tax and cost perspective only here – please think about whether having health insurance is right from a health side of things for yourself, and if you do decide to get it, do your research on which one.

There is the cost of the cover, there is a rebate, and there is also a surcharge. It’s all very complicated, and so we have put together a three part video series to help explain it.

Do I need private health insurance? (part 1)

The table behind Shaun in video 1:
[table id=3 /]

I’m turning 31, do I need private health insurance? (part 2)

The table behind Shaun in video 2:
[table id=4 /]

 

The carrot & the stick – do I need private health insurance (part 3)

The table behind Shaun in video 3: (single threshold)
[table id=5 /]

The table behind Shaun in video 3: (family threshold)
[table id=6 /]

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