Health Insurance

Three ASX healthcare stocks that closed higher today - MXC, TLX, RHY

Image description: ASX Healthcare Stocks

The Australian benchmark index ASX 200 closed slightly up on 14 September 2021, gaining 0.233% to 7425.209, while the healthcare sector index traded down by 0.772%. Some healthcare space players listed on the Australian Securities Exchange (ASX) a...

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How does health insurance work for acupuncture?

How does health insurance work for acupuncture?

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...

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What is trauma insurance? What does it cover?

What is trauma insurance? What does it cover?

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...

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Everything you should know about cheap health insurance

Everything you should know about cheap health insurance

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...

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Is it time to switch your health insurance?

Is it time to switch your health insurance?

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...

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Is the pandemic hitting your pockets? A look at health insurance firms’ COVID-19 relief packages

Is the pandemic hitting your pockets? A look at health insurance firms’ COVID-19 relief packages

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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How sound is Australia’s mental health insurance system?

How sound is Australia’s mental health insurance system?

Summary Many Australians have fallen prey to the mental maladies amid the isolation and lockdowns The Australian government provides a wide range of services related to mental health. These services include patient care in hospital, community ...

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What are extras and How to find the best cover that suits you?

What are extras and How to find the best cover that suits you?

Summary In the complicated world of private health insurance, one may feel the most secure if paying for extras, i.e. outside-hospital treatments. Some of the treatments included in extras are optical, dental, chiropractic, physiotherapy (which...

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5 Things to Consider While Going for Private Healthcare Insurance

5 Things to Consider While Going for Private Healthcare Insurance

Summary In Australia, Medicare covers a large proportion of your basic costs. However, few expenses are not covered by Medicare, including ambulance services cover. Private health insurance can augment the coverage provided by Medicare with exp...

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A Glance at Health Insurance Incentives and Offers in November 2020

A Glance at Health Insurance Incentives and Offers in November 2020

Summary Health insurance providers in Australia are offering incentives and bonuses to encourage members to sign up this month. With the incentives, health insurance funds are also giving waivers in waiting periods on Extras. The health funds ...

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What does ‘Gap’ mean in health insurance?

What does ‘Gap’ mean in health insurance?

One would think that all costs are covered after paying thousands of dollars for private health insurance while also holding a free Medicare card. However, that is not true. In several cases, individuals need to make additional payments on top of w...

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