Private health insurance in Australia can feel confusing, overwhelming, and expensive, especially when you’re not even sure what you’re paying for or what you need.

In this episode of Get Rich, Molly Benjamin is joined by private health insurance expert Kat Day to break down when private health insurance is actually worth it for Australians, and when it genuinely isn’t.

We talk about why so many people are over-insured, how women end up paying for cover they’ll never use, and how insurance premiums quietly creep up year after year without anyone noticing.

In 15mins you’ll learn:

• When private health insurance is worth it and when it’s not
• The difference between hospital cover and extras (and which to prioritise)
• How the Medicare levy surcharge actually works
• Whether it’s cheaper to pay the levy or take out private cover
• Why being on “gold” doesn’t mean better service
• How often you should be reviewing your policy
• The most common ways Australians overpay for health insurance
• Why switching providers won’t reset your waiting periods
• What ambulance cover actually looks like state by state
  
  

This is a practical, no-jargon episode designed to help you make smarter decisions, save money, and finally understand your private health insurance. Need to review yours? Click here. https://calendly.com/d/cn5c-63k-ggq/switch-save-on-health-insurance-expert-review

General information only. This episode does not constitute financial advice. Always consider your personal circumstances.

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The advice shared by Ladies Finance Club is general in nature and does not consider your individual circumstances. Our content is for educational purposes only and should not be relied upon to make financial decisions. If you are considering purchasing a financial product, read the PDS and TMD and seek financial advice tailored to your personal needs. Molly Benjamin and Ladies Finance Club Pty Ltd are authorised representatives of Wattle Partners Pty Ltd, AFSL 383169.

Ladies Finance Club acknowledges the Traditional Owners of the Land on which this podcast was recorded, the Gadigal people of the Eora Nation. We pay our respects to their Elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples.

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