I'm pregnant with my 3rd and final child and will have him/her privately. Once I've had the baby I'm seriously considering cancelling my PHI. It's so expensive, I'm currently paying $60.00 a week!!! I think if I open an account and put away a bit of money each week to cover dental and a few other things I will still be saving money. Has anyone else done this? Did it save you money in the long term?
What are your thoughts on PHI, do you really think it's worth it?