Comparing Health Insurance In Australia For Over 60s - Is It Worth It?

They say 60 is the new 40, and here at Billy Explores we know that’s true. We all want to age well, but even if you feel healthy now, there’s no guarantee that you won’t need to go to the hospital for an injury or surgery for a health problem in the future.

If you’re approaching 60 you’re also going to still be very active and sporty, which is why a question should also be private health insurance for sports injuries! Read on to find out more about Medicare and private health insurance and how you can compare health insurance in Australia through Billy Explores. When you think about comparing health insurance in Australia, you need to think about Billy Explores!

Medicare vs Private Health Insurance

If you’re nearing your 60s, you should be fully aware of the difference between Medicare and private health insurance. But maybe you’re still asking? What is the difference between Medicare and private health insurance?

If you do need emergency surgery, Australia’s Medicare is one of the best public health care systems in the world. But if the surgery you need isn’t an emergency and you can wait, you might have to wait a long time. This is one of the key differences between Medicare and private health insurance.

Even if you’re nearing 60, the Australian government urges everyone to get private health insurance. Private health insurance not only takes some of the load off of Medicare right now, but it will also help with the growing number of seniors who will need care and help in the coming decades.

According to Private Healthcare Australia, the number of older people (aged 65–84) will more than double between now and 2050, and the number of very old people (aged 85 and up) will more than quadruple, from 0.4 million today to 1.8 million in 2050.

Private health insurance is not only a government incentive for seniors, but it can also be very helpful in many ways. It can pay for all or most of your treatment costs, give you more options for doctors, and let you skip the line at a public hospital so you can get care faster (massive benefit when . You can find out more about the differences between Medicare and private health insurance here.

Don’t Rely On Medicare – Private Health Insurance Comprehensive Cover is Important

As an older person, you have different health insurance needs than a younger person. But it can be hard to figure out what you should have as a policy cover. So, it’s a good idea to choose a comprehensive level of hospital cover and extras cover for common health problems that affect seniors.

When comparing health insurance in Australia, always read the fine print carefully or ask a family member to help you so you know what is covered and what isn’t. If you find out later that you need treatment for a condition that is not covered or covered only under certain conditions, you will have to pay for it yourself. Also, there’s no reason to pay for health care you won’t use.

You can also use Billy Explores to do a private health insurance comparison for your cover to make sure you’re getting the best value health insurance for your needs. You can also compare extras cover health insurance, and compare health care providers. 

Don’t Use Medicare – Use Private Health Insurance And Don’t Wait On Public Lists

Did you know that a knee replacement through the public system takes 196 days? You don’t want to wait more than six months for surgery if you’re in pain and can’t move around much. It’s almost as though you need private health insurance for sports injuries don’t you!

This is why the number of private knee replacement surgeries has gone up by 41%. If you don’t have to wait on the public list, you can get surgery faster, start physical therapy sooner, and get back to enjoying your retirement sooner. 

Compare Health Care Providers – You Can Pick Any Doctor Or Surgeon You Want.

Another difference between Medicare and private health insurance is if you have private health insurance, you may be able to choose your doctor or hospital from a wider range of options. For instance, if you want to go to a certain doctor or hospital for your care. But you should still check to see if they are one of the providers that your private health insurance covers. If they don’t have a deal, you may still have to pay for some things out of your own pocket.

That’s another reason to constantly compare health insurance in Australia, as providers are always changing partnerships and you will want to compare health care providers in case the unexpected happens.

Extras Insurance Comparison And Preventive Treatments

Another massive benefit when you’re looking at the difference between Medicare and private health insurance, is that Medicare won’t cover you for extras. Which is where private health comes in.

If you choose extras coverage as a senior, you can use preventive therapies to stay healthy and fit, such as:

  • Acupuncture
  • Osteopathy
  • Chiropractic
  • Remedial massage
  • Natural medicine, and more

In fact, the consumer advocacy group Choice says that people between the ages of 55 and 79 use their extras cover more than any other age group, with an average benefit of over $600 per person. That’s definitely a reason to compare extras cover health insurance through Billy Explores as well to makes sure you’re getting the best value extras cover for your needs.

Medicare vs Private Health Insurance – Peace of Mind

Many older people worry that they won’t have enough money to pay for medical care if they get sick or hurt. Private health insurance gives you and your family peace of mind that you can get the care you need right away, without having to wait.

Depending on how much coverage you have, your health insurance can cover all or most of the costs of your treatment. This means that you won’t have to worry about paying large medical bills and can instead focus on getting better.

When you think about all the benefits of private health insurance, it makes sense to think about it, especially since we tend to use more medical services as we get older.

Comparing Health Insurance In Australia For Seniors

There are a lot of private health insurance companies in Australia, so the market is very competitive. The good thing about this is that it gives seniors a lot of options! Whatever your needs, you can do a private health insurance comparison through Billy Explores and get the best deal for your needs! Get comparing health insurance in Australia today by clicking here!