Health Funds make profits from you

Choice Says Drop Extras Cover

Choice spokesman Tom Godfrey, 16 March 2016, says its analysis of extras cover shows below average payout rates and savings of up to 45% available for consumers who drop it. The federal government’s decision to sign off on 5.59% average premium increases sees consumers slugged with a 48.3% cumulative increase since 2009.

Choice found that only around $370 on average was paid out in extras benefits per person in 2013/2014. It also found that of top cover health insurance from the two largest health insurance funds, Bupa and Medibank Private, you can save between 30% and 45% of your health insurance premium by dropping extras insurance.


FirstBite and the ADA and many others have been saying this for many years. And telling you to see a Dentist who they suggest, removing your freedom to choose is also shameful. We always say that those who haven’t had extras for many years are the ones who have saved dollars.