Cheap Health Insurance
If you're looking for simple and affordable cover you've come to the right place.
At Frank, we get that you only want to pay for what you want to use. Our entry level hospital cover like Basic Hospital 500 (Basic+) won’t break the bank. If you're after some extras like dental & optical we can help you out there too.
* The price shown is per week and applies to a {LIFESTAGE} living in VIC. It excludes LHC loading and includes a Base Tier Government Rebate
| Extras services (when included on cover) |
|---|
| All extras benefits except as specified below. Waiting Period: 2 Months |
| Optical, home and domestic aids and medical aids. Waiting Period: 6 months |
| Major dental services (including full & partial dentures, orthodontics, crown & bridgework, endodontic services such as root canal, gold fillings, indirect restorations, surgical extractions of a tooth/teeth including wisdom teeth). Waiting Period: 12 Months |
| Health appliances including nebuliser pump, blood glucose monitor, pressure garments, sleep apnoea monitor, extremity pump, hearing aids, orthopaedic appliances (GMHBA approved), prostheses (GMHBA approved non-surgical), tens monitor, podiatry surgical procedures and orthotic appliances (foot). Waiting Period: 12 Months |
| Hospital services (when included on cover) |
|---|
| Accidents - bodily injuries resulting from accidents which occur after the date of joining GMHBA or upgrading to a higher cover. Waiting Period: No |
| Obstetrics and maternity. Waiting Period: 12 months |
| Pre-existing ailment, illness or condition (other than psychiatric, rehabilitation and palliative care). Waiting Period: 12 months |
| Any other benefit for hospital (or hospital substitution) treatment. Waiting Period: 2 months |
A pre-existing condition is one where signs or symptoms of your ailment, illness or condition, in the opinion of a medical practitioner appointed by GMHBA (not your own doctor), existed at any time during the six months preceding the day on which you purchased your hospital insurance or upgraded to a higher level of hospital cover and/or benefit entitlement.
A special waiting period applies to obtain benefits for hospital treatment for new members who have pre-existing conditions. The waiting period also applies to existing members who have recently upgraded their level of hospital cover. If the ailment, illness or condition is considered pre-existing:
New members
New members must wait 12 months for any hospital benefits (other than psychiatric, rehabilitation and palliative care).
Existing members (transferring or upgrading)
Members transferring/upgrading to a higher hospital cover must wait 12 months to get the higher hospital benefits (other than psychiatric, rehabilitation and palliative care).
Existing members (with at least 12 months membership)
Existing members with at least 12 months membership in total across their old and new cover are entitled to the lower benefits on their old cover.
Silver Hospital cover provides the same single room coverage as Gold Hospital, but co-payments of $100 per day up to a maximum of $700 per admission apply. Co-payments are not the same as hospital excess. Please note: Some private hospitals only have single rooms and co-payments will apply.
Co-payments do not apply.
What is Private Health Insurance?
There are 2 different kinds of Private Health Insurance:
- Hospital Cover- for when you're admitted to hospital
- Extras Cover- for things like chiro, physio, dental & optical
At Frank, we get that private health insurance can be expensive. It’s up to each person to weigh up the cost versus peace of mind. For example, the average cost of a knee reconstruction in the private system is $5,000 – as a non-emergency procedure, can you afford to wait until you get to the top of a public waiting list or foot the whole bill in a private hospital?
How can Frank make health insurance cheaper?
Frank is thrifty and can help you tighten your purse strings:
- All online- Less overheads means you pay less
- Mix & Match covers- we don't make you take out both Hospital & Extras
- Basic Hospital cover – a simple cheap public hospital cover without the bells and whistles
- Extras cover – If you want some extras like optical & physio but don't want to go over the top, Frank Simple Extras or Frank Some Extras may suit your needs.
Why do you need Health Insurance?
There are many reasons why you might choose to take our health insurance.
- You're turning 30 - You can avoid the future fees of Lifetime Health Cover (LHC) loading by taking out Private Health Insurance when you turn 30.
- Getting older – You're starting to understand you might not be invincible anymore, so you want to take a little bit of health cover just in case.
- Need to cover for the family – you want to make sure your family are covered just in case.
How can you get Cheap Private Health Insurance?
Here are Frank's Cheap as Chips Tips...
- Look for products with exclusions that you don't need. Like dentures, pregnancy & cataracts
- Know what you want. If you’re just looking for the cheapest cover and aren’t worried about what’s included or excluded, check out Frank’s cheapest cover, Basic Hospital 500 (Basic+)
Looking to read on?
- Benefits Of Having Private Hospital Cover. What Are They?
- What Should Couples Look For When Taking Out Cheap Private Health Insurance?
- How does dental cover work?
- What cheap extras health insurance cover can benefit both your health, and your wallet?
- Where do I find the greatest value cheap health insurance for singles?
- Cheap Health Insurance for Families
- Do you have large dental bills – let Frank help cover you!
- What cheap health insurance plan will cover me for optical expenses?
