Why have private health insurance

1. Less time waiting

If you rely on the public system, you’ll be put onto the public hospital waiting list, which could mean waiting months (or longer) for your procedure. On the day of your planned surgery, you could be bumped if there are any emergency admissions that need your theatre room.

You could be waiting:

  • 74 days for a hysterectomy
  • 158 days for cataract extraction
  • 208 days to have varicose veins stripped
  • 153 days for a total hip replacement
  • 168 days to have tonsils removed
  •  293 days for a total knee replacement

And 50% of people will wait even longer than that.*

With hospital cover, you’ll be in hospital as soon as your doctor and private hospital are ready.

See Peoplecare hospital covers

2. Choose your own doctor

It’s important to feel confident in your doctor, and private hospital cover lets you choose who treats you.

In a public hospital, you’ll be treated by the doctor on duty unless you go in as a private patient (where you can choose).

3. Access to more healthcare options

Your choice of both public and private hospitals so that you can have access to the latest and greatest facilities and technology when you need them most.

4. Avoid painful full-cost private hospital bills

Hospital claims paid in the 2023 financial year
Admission reason Total benefit paid
Heart and Vascular $419,582.63
Heart and Vascular $139,688.70
Back, Neck and Spine $128,778.00
Back, Neck and Spine $120,322.65
Heart and Vascular $111,819.00


5. Save on taxpiggybank-coin-purple.svg

High income earners could save tax by taking out hospital cover.

See information on the Medicare Levy Surcharge for more information.

6. Avoid paying a loading

Lifetime Health Cover Loading is a government-imposed charge for not taking out hospital cover by 1 July after your 31st birthday.

7. Receive a rebate

The Government rebate reduces the cost of your hospital and extras cover, if you’re eligible.

8. It gets better with age

The older you get, the more likely you’ll need the health system. Top hospital covers tend to include the things you’ll increasingly need, such as heart, chest, lung, hip and eye surgeries as well as rehabilitation, and palliative care. Lower hospital covers tend to exclude or restrict these services. The higher levels of extras cover tend to cover items such as hearing aids, health aids, orthotics and podiatry, and pay higher benefits on physiotherapy, major dental and optical.

9. Give yourself a sporting chance

Being involved in sports often increases your chances of requiring reconstruction of knees, shoulders, etc. Sports accidents are more common than you think. If you’re actively involved in sport or your local gym, it’s worth considering hospital insurance that includes joint reconstructions and extras insurance that includes physiotherapy for help with all those injuries and strains.

*Source: Australian Institute of Health and Welfare, Elective surgery waiting times 2021-22 data tables, Table 4.6