+ Reply to Thread
Page 1 of 2 12 LastLast
Results 1 to 10 of 12
  1. #1
    Join Date
    Mar 2010
    Posts
    147
    Thanks
    6
    Thanked
    9
    Reviews
    4

    Default PHI is it really worth it?

    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?

  2. #2
    Join Date
    Aug 2011
    Posts
    2,707
    Thanks
    116
    Thanked
    1,432
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 posts
    I often wonder the same thing! I'd say it's worth keeping the very basic hospital cover but not top cover, it seems crazy expensive and the public system is just as good. I worked out i loose money with my 'extras' even if I use all my allowance, I still end up paying more with it than without

  3. #3
    Join Date
    May 2009
    Posts
    2,315
    Thanks
    0
    Thanked
    95
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 posts
    I'm on my 15th day in hospital. At min 500 a day I'm sure as hell getting my money worth!

    We use everything so it's worthwhile forus

  4. #4
    Join Date
    Jun 2011
    Posts
    1,317
    Thanks
    213
    Thanked
    218
    Reviews
    10
    Achievements:Topaz Star - 500 posts
    I don't have PHI. Just never got around to it and since DS came along we don't have the spare money for it. I will get it once we are in a financial position to do so.
    I think it's worth it when you need surgery you can pick your own surgeon and not be on a long waiting list, especially for orthopaedic surgery as an example.
    I think you get great care in public hospitals, it's just waiting that's a problem.
    When my FIL had cancer the surgeon recommended he go to a public hospital because he'd get better care there.
    I'd keep just basic hospital cover and get rid of the extras.

    Sent from my GT-I9000 using BubHub

  5. #5
    Join Date
    Nov 2011
    Posts
    3,757
    Thanks
    1,205
    Thanked
    2,112
    Reviews
    15
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 posts
    I have been wondering this too, but I just keep thinking if something were to ever go wrong, I'd be so thankful we have it. Plus, we all wear glasses, we make sure we use our free dental checkups and I use it for massage too hehe so it's kind of worth it for us.

  6. #6
    Join Date
    May 2009
    Posts
    4,786
    Thanks
    1,021
    Thanked
    2,246
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 posts
    Someone on here once said we insure our cars, homes and belongings but we fail to see the need to insure the most important thing which is ourselves and our kids.
    Its a good point.

  7. The Following User Says Thank You to Janesmum123 For This Useful Post:

    Chocolate All Gone Now  (21-05-2012)

  8. #7
    Join Date
    Jan 2007
    Location
    Newcastle, NSW
    Posts
    6,648
    Thanks
    99
    Thanked
    862
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 postsAmethyst Star - 5,000 posts
    we wouldnt be without it.

    DH alone has had 6 operations in the last 4yrs (football related)

    i had one operation plus lots of hospy admittances when preg with DD2.

    DD1 has had grommets and DD2 will prob be getting some soon too.

    we like the convienience and the speed at which we get in to have medical things done rather than going on a waiting list.

  9. #8
    Join Date
    Jul 2010
    Location
    The Kimberley WA
    Posts
    4,620
    Thanks
    916
    Thanked
    1,179
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 posts
    I had both boys in a private hospital, prescription glasses for us both and contacts for me, phsyio, my dh having had 3 ops in a private hosp and visits to the private skin specialist, ds1 having laser treatment etc so yes it's been worth having the cover. But regardless I just wouldn't feel comfortable not having it.

  10. #9
    Join Date
    May 2005
    Posts
    10,210
    Thanks
    801
    Thanked
    594
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 postsAmethyst Star - 5,000 postsEmerald Star - 10,000 posts
    We have basic cover, my op bills in the last 3 yrs have been well over 30k , the boys at least 10k each too! We pay roughly 100 a fortnight. No extras but its just worth it for our family.

  11. #10
    Join Date
    Sep 2008
    Posts
    2,216
    Thanks
    961
    Thanked
    477
    Reviews
    1
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 posts
    For us it's essential. The hospital here has quite possibly the worst reputation in Australia and the times I've had to go there for me and/or the kids it's lived up to its reputation bar twice.

    It also means that wait lists are often not needed and surgery can happen quite quickly whereas with the public system you just have to wait. We wouldn't be without it,


 

Similar Threads

  1. Would you take him for all he's worth?
    By LivinOnAPrayer in forum Single Parents
    Replies: 17
    Last Post: 05-08-2012, 15:41
  2. Is it worth going to GP?
    By 2BlueBirds in forum General Health
    Replies: 5
    Last Post: 25-06-2012, 14:20

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
free weekly newsletters | sign up now!
who are these people who write great posts? meet our hubbub authors!
Learn how you can contribute to the hubbub!

reviews
learn how you can become a reviewer!

competitions

forum - chatting now
christmas gift guidesee all Red Stocking
Mother and Baby Shop
Save $$$ during our Christmas Sale Mother and Baby Shop
Great prices on Schoenhut kids pianos, toys, baby clothing as well as big brands like Pigeon, NUK, Cherub Baby and many more. Sale starts on 1 November 2016 and ends on the 27 December 2016. Hurry! Place your order today!
sales & new stuffsee all
The Health Hub
Give a new mum a fitness boost for Christmas & New Year. Studio-based, small group training sessions - cardio, strength, core, Pilates & boxing. Choice of 16 hrs per week, flexible-arrival feature - bubs & kids welcome! Gift vouchers available.
featured supporter
Life Fertility
Life Fertility Clinic is a boutique fertility clinic located in Spring Hill, Brisbane. Our dedicated fertility and IVF specialists offer professional, holistic, personalised options for the treatment of each patient’s specific needs.
gotcha
X

Pregnant for the first-time?

Not sure where to start? We can help!

Our Insider Programs for pregnancy first-timers will lead you step-by-step through the 14 Pregnancy Must Dos!