It’s a change that will impact huge numbers of Australians but many of us are still unaware of what we need to do. Here’s what you need to know.
Those with diabetes, for example, need to be aware that insulin pumps are only covered as standard under the gold cover.
“We don’t know the percentage of policies that are going to change, but we do know that there is a chance that if you don’t have gold level cover you could find that treatments are no longer included.”Financial comparison site Canstar say the abundance of choices and range in the costs of each product mean ““The difference in premium for a gold style product — between the high and the low is $200 a month — that’s $2400 a year,” Canstar financial services group executive Steve Mickenbecker said.
As comparison companies flock to offer advice on the best deals, consumer group Choice has warned any health insurance advice is “frankly dishonest”.
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