Mumsical I'm not sure where you are getting your figures from but I've had 3 private c-section births and all up for those 3 births it has cost me $1800 at the most. Yes I pay $300 a month for my policy but I think that has only been a small amount compared to what they have covered. 8 lots of surgeries, 3 births, $8000 insulin pump and a 2nd one in 2 weeks time. If we went public my children would probably still be on a wait list for the surgeries, DD1 wouldn't have an insulin pump as they won't give one until the child's been diagnosed 2 years in public..
And you don't have to wait 12 months to fall pregnant just as long as you hold your policy for 12 months when you give birth.
I understand that some people don't require PHI but a lot of people, like myself would give up my last bit of money to make sure my policy is paid up.