Summary Several changes were made to the private health insurance sector in Australia in the year 2019. These changes included introduction of four new tiers of the hospital cover which later became mandatory for all insurers Now, private heal...
Summary Life insurance is a prerequisite in today’s times, especially for those who have dependents. But insurance does not come cheap. Getting insurance through super funds is a new fad almost 70% of Australians are following. Super fun...
Summary Accidents are unforeseen events, and in several cases, individuals do not have a financial backup plan in case they meet with one. In such circumstances, accident insurance plays a critical role as it covers the treatment expenses and p...
Summary Among various ways of preparing and protecting ourselves against all kinds of mishaps in life, TPD insurance is one thing that all Australians must pay heed to. Total permanent disability (TPD) is a situation wherein a person is unable ...
Summary Besides the illustrated public healthcare system, the Australian government has set up various public health initiatives with an objective of bettering people’s health. Numerous health initiatives are currently in progress in Aust...
Summary Australia recognises natural medicine as a legit way of being treated. For that reason, private insurers do offer extras coverage for some natural therapies, acupuncture included. Acupuncture is an ancient Chinese medical therapy that i...
Summary Trauma insurance is useful in cases where an individual is unable to work due to a serious injury or an illness. The insurance pays out a lump sum amount to the policyholder under these circumstances. The insurance covers critical illne...
Summary Many people opt for health insurance just to avoid unnecessary costs created by the Australian government. For that reason, cheap health insurance policies might be a good idea to consider. Basic health insurance generally does not cove...
Summary With the change in age, health, interests and mental conditions, healthcare insurance too requires a switch or a modification. Health funds provide a fact sheet called the Private Health Information Statement (PHIS) for all the policies...
Summary With reports of pharma companies and medical associations coming up with Covid-19 vaccines and treatments, healthcare and the insurance sector have come under spotlight like never before. Health ensuring firms are proposing additional r...
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