We are a couple in late 30s, we had our reasons and circumstances that we decided not to have children till now, but we are thinking about trying for a baby this year.
We have been doing a fair bit of research to determine whether we should sign up for a private health insurance or go public.
We have, over the years, considered joining private insurance, especially when we were turning 30, but my husband has not been to hospital for over 10 years and I may have been once or twice a year tops, so we just stuck with Medicare. We've never had any problem not having private insurance.
But now, with medicare levy, which we pay a bit over $2k, we are wondering if we should pay another $1000 to have a private insurance.
My husband is leaning towards having private insurance, he thinks it's worth it in a long run, especially once we have kids and they need dental etc.
But I have been reading quite a lot of reviews where people talk about all the extra "out of pocket" cost if you go with the private option, so the difference would be way way more than $1000 in the end.
My other concern is that we don't particularly want to wait 3 months to make sure we'll be covered, so if we fall pregnant soon, there's a chance we won't be covered for the pregnancy/birth.
I've come across a few posts about La Trobe health insurance has a 9 months waiting period instead of 12, but on their website, it says 12 months for pregnancy.
Does anyone have insurance with them? Have they changed their policy?
To me, apart from having "an insurance" in case of unforeseen accidents etc. we probably won't need general hospital or extras, so we'll be pretty much getting it to cover the pregnancy.
If we could get some advice/experience/feedback on the overall cost if you had private health insurance or went public, if the private, which company etc. that would be great.
We just haven't been able to figure out the rough cost if you go with;
- public (just with medicare)
- public hospital but bring own obstetrician
- private - what would be the "out of pocket" cost
If anyone has info for La Trobe, that would be great too. (we have sent an inquiry to them but have not heard from them yet)
We live in Southern Down QLD, so we'll probably have it in Brisbane or Toowoomba.
Thank you so much in advance!