Private health insurance in Australia can feel confusing, overwhelming, and expensive, especially when you’re not even sure what you’re paying for or what you need. 

In this episode of Get Rich, Molly Benjamin is joined by private health insurance expert Kat Day to break down when private health insurance is actually worth it for Australians, and when it genuinely isn’t.

We talk about why so many people are over-insured, how women end up paying for cover they’ll never use, and how insurance premiums quietly creep up year after year without anyone noticing.

In 15mins you’ll learn:
When private health insurance is worth it and when it’s not
The difference between hospital cover and extras (and which to prioritise)
How the Medicare levy surcharge actually works
Whether it’s cheaper to pay the levy or take out private cover
Why being on “gold” doesn’t mean better service
How often you should be reviewing your policy
The most common ways Australians overpay for health insurance
Why switching providers won’t reset your waiting periods
What ambulance cover actually looks like state by state



This is a practical, no-jargon episode designed to help you make smarter decisions, save money, and finally understand your private health insurance. Need to review yours?Click here.  https://calendly.com/d/cn5c-63k-ggq/switch-save-on-health-insurance-expert-review 

General information only. This episode does not constitute financial advice. Always consider your personal circumstances.

 

💌 Want more money tips straight to your inbox?
Join thousands of Australian women getting savvy with their finances -subscribe to the Ladies Finance Club newsletter for the latest money hacks, expert advice, and exclusive event invites! Sign up here at https://www.ladiesfinanceclub.com/newsletter25

Are we friends on Instagram? Follow us here at https://www.instagram.com/ladiesfinanceclub

The advice shared by Ladies Finance Club is general in nature and does not consider your individual circumstances. Our content is for educational purposes only and should not be relied upon to make financial decisions. If you are considering purchasing a financial product, read the PDS and TMD and seek financial advice tailored to your personal needs. Molly Benjamin and Ladies Finance Club Pty Ltd are authorised representatives of Wattle Partners Pty Ltd, AFSL 383169.

Ladies Finance Club acknowledges the Traditional Owners of the Land on which this podcast was recorded, the Gadigal people of the Eora Nation. We pay our respects to their Elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples.

[See omnystudio.com/listener for privacy information.]

Private health insurance in Australia can feel confusing, overwhelming, and expensive, especially when you&rsquo;re not even sure what you&rsquo;re paying for or what you need.&nbsp;
In this episode of Get Rich, Molly Benjamin is joined by private health insurance expert Kat Day to break down when private health insurance is actually worth it for Australians, and when it genuinely isn&rsquo;t.
We talk about why so many people are over-insured, how women end up paying for cover they&rsquo;ll never use, and how insurance premiums quietly creep up year after year without anyone noticing.
In 15mins you&rsquo;ll learn:
<ul>
<li aria-level="1">When private health insurance is worth it and when it&rsquo;s not</li>
<li aria-level="1">The difference between hospital cover and extras (and which to prioritise)</li>
<li aria-level="1">How the Medicare levy surcharge actually works</li>
<li aria-level="1">Whether it&rsquo;s cheaper to pay the levy or take out private cover</li>
<li aria-level="1">Why being on &ldquo;gold&rdquo; doesn&rsquo;t mean better service</li>
<li aria-level="1">How often you should be reviewing your policy</li>
<li aria-level="1">The most common ways Australians overpay for health insurance</li>
<li aria-level="1">Why switching providers won&rsquo;t reset your waiting periods</li>
<li aria-level="1">What ambulance cover actually looks like state by state </li>
</ul>
This is a practical, no-jargon episode designed to help you make smarter decisions, save money, and finally understand your private health insurance. Need to review yours? <a href="https://calendly.com/d/cn5c-63k-ggq/switch-save-on-health-insurance-expert-review">Click here</a>.&nbsp; <a href="https://calendly.com/d/cn5c-63k-ggq/switch-save-on-health-insurance-expert-review">https://calendly.com/d/cn5c-63k-ggq/switch-save-on-health-insurance-expert-review</a>&nbsp;
General information only. This episode does not constitute financial advice. Always consider your personal circumstances.
&nbsp;
💌&nbsp;Want more money tips straight to your inbox? Join thousands of Australian women getting savvy with their finances -subscribe to the Ladies Finance Club newsletter for the latest money hacks, expert advice, and exclusive event invites!<a href="https://www.ladiesfinanceclub.com/newsletter25"> Sign up here at https://www.ladiesfinanceclub.com/newsletter25</a>
Are we friends on Instagram? <a href="https://www.instagram.com/ladiesfinanceclub">Follow us here at https://www.instagram.com/ladiesfinanceclub</a>
The advice shared by Ladies Finance Club is general in nature and does not consider your individual circumstances. Our content is for educational purposes only and should not be relied upon to make financial decisions. If you are considering purchasing a financial product, read the PDS and TMD and seek financial advice tailored to your personal needs. Molly Benjamin and Ladies Finance Club Pty Ltd are authorised representatives of Wattle Partners Pty Ltd, AFSL 383169.
Ladies Finance Club acknowledges the Traditional Owners of the Land on which this podcast was recorded, the Gadigal people of the Eora Nation. We pay our respects to their Elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples.
[See omnystudio.com/listener for privacy information.]

Welcome to Get Rich by Ladies Finance Club - the personal finance podcast that helps women do just that: get rich and stay rich. Hosted by Molly Benjamin, founder of the award-winning Ladies Finance Club and a reformed hot financial mess, this is where smart, ambitious women come to take control of their finances, grow their wealth, and level up their money game.  

We make personal finance fun, fearless, and totally doable no matter where you're starting from. No confusing jargon, no guilt trips - just high-impact, simple money strategies that anyone can start using right away.  

Whether you’re saving for a home deposit, creating a budget that actually works, investing in property or the sharemarket, growing your income, or finally figuring out superannuation, this podcast has you covered.   Hit subscribe and let’s get rich (and stay rich) together.

Welcome to Get Rich by <a href="https://instagram.com/ladiesfinanceclub">Ladies Finance Club</a> - the personal finance podcast that helps women do just that: get rich and stay rich. Hosted by Molly Benjamin, founder of the award-winning Ladies Finance Club and a reformed hot financial mess, this is where smart, ambitious women come to take control of their finances, grow their wealth, and level up their money game. &nbsp;
We make personal finance fun, fearless, and totally doable no matter where you're starting from. No confusing jargon, no guilt trips - just high-impact, simple money strategies that anyone can start using right away. &nbsp;
Whether you&rsquo;re saving for a home deposit, creating a budget that actually works, investing in property or the sharemarket, growing your income, or finally figuring out superannuation, this podcast has you covered. &nbsp; Hit subscribe and let&rsquo;s get rich (and stay rich) together.

Ladies Finance Club - Get Rich 

Welcome to Get Rich by Ladies Finance Club- the personal finance podcast that helps women do just that: get rich and stay rich.

Hosted by Molly Benjamin, founder of the award-winning Ladies Finance Club and a reformed hot financial mess, this is where smart, ambitious women come to take control of their finances, grow their wealth, and level up their money game.  

We make personal finance fun, fearless, and totally doable no matter where you're starting from. No confusing jargon, no guilt trips - just high-impact, simple money strategies that anyone can start using right away.  

Whether you’re saving for a home deposit, creating a budget that actually works, investing in property or the sharemarket, growing your income, or finally figuring out superannuation, this podcast has you covered.  

Hit subscribe and let’s get rich (and stay rich) together.

Welcome to Get Rich by Ladies Finance Club- the personal finance podcast that helps women do just that: get rich and stay rich.
Hosted by Molly Benjamin, founder of the award-winning Ladies Finance Club and a reformed hot financial mess, this is where smart, ambitious women come to take control of their finances, grow their wealth, and level up their money game. &nbsp;
We make personal finance fun, fearless, and totally doable no matter where you're starting from. No confusing jargon, no guilt trips - just high-impact, simple money strategies that anyone can start using right away. &nbsp;
Whether you&rsquo;re saving for a home deposit, creating a budget that actually works, investing in property or the sharemarket, growing your income, or finally figuring out superannuation, this podcast has you covered. &nbsp;
Hit subscribe and let&rsquo;s get rich (and stay rich) together.