Your family's circumstances will inevitably change over time – and while major events can often prompt a review of your health insurance policy, you should really be doing it on a more regular basis. It is rate rise time and this is the ideal opportunity to compare health insurance policies.
At this time of the year, health funds give you all the information you need to compare your benefits and find the best policy. HICA has a range of great value policies and can provide you with expertly-prepared product summaries so you can compare your current plan.
As health insurance brokers, HICA has access to discounted and corporate products that can either increase your benefits or help to save you money. Over the last five years, health insurance premiums have increased by over 30 per cent.
If your policy has restricted or excluded benefits, you need to review it regularly to ensure that your health fund has not changed the policy by excluding more services. As time goes on, you may find that you actually need cover for those excluded services. It is important to compare your needs with your policy benefits on a regular basis because when you need to go to hospital you may not have adequate cover.
A health insurance broker like HICA can help to ensure you are covered for the things you need, when you need it.