Is your health insurance really worth it?

We all know life can throw some curveballs, and it’s times like these that the value of health insurance becomes crystal clear. But not all funds are created equal. There are many things to consider when looking for the best value, especially when you need support the most.

Here, we explore how to choose the best health insurance for your needs, supporting you at every stage of your health journey, from proactive wellness to unexpected accidents.

Working out what’s ‘worth it’ for you

True value lies in how well your health insurance fits you — your lifestyle, your health goals, and your expectations for support when you need it most. I discovered this the hard way. I wasn’t with a private health fund when I was recently involved in an accident. I really felt the absence of this professional help and support, and consequently, experienced an increase in my stress levels. Did I regret my decision to forgo cover? Yes, I did.

It’s easy to think health insurance isn’t necessary when you’re feeling fit, healthy, and carefree, but this can quickly change when life takes an unexpected turn. Needless to say, I’ve been insured ever since. With a market that has many more providers than you may think, you can find exactly what works for you — funds who offer genuine, tailored, and trustworthy support when you need it.

Balancing your health, goals, and lifestyle

Worthwhile cover is an investment in your life and the way you love to live it. Choosing the right policy isn’t about finding the cheapest option, it’s about balancing the price with health cover that you want and may actually need.

Are you someone who enjoys holistic wellness services like massage, acupuncture, or chiropractic? Or maybe you just want to know there’s a human on the other end of the phone when you’re in need, stressed, and need help navigating options. A young, healthy single might value mental health extras and cover for unexpected injuries, while a growing family might lean towards comprehensive extras for dental and optical needs. On the flip side, someone managing a chronic health condition could place a huge value on continuity of care and access to specialised services. Reflecting on what matters most to you will help you choose which type of cover (hospital, extras, or hospital and extras) and tier level of cover (basic, bronze, or silver hospital options) will work best for your lifestyle. If you’re feeling unclear on your needs or wants, use an online tool like help me choose.

Connection actually matters

Great health insurance doesn’t just cover your costs, it connects you with the right care, the right people, and the right tools when you need it. And anyone who’s been through unexpected challenges, like me, can strongly attest to this. This is what sets providers apart. Beyond traditional benefits, look for funds that offer access to online health tools, quick claims, tailored support programs, and member-first services, so you feel like more than just a number. And seek out funds with a reputation for putting people before profit. Personal touches, real conversations, proactive wellness support, and clarity and comfort when things feel complicated often prove to be the most valuable health approach of all.

Peoplecare Health Insurance is a 100% member-owned not-for-profit health insurer that exists purely to benefit its members.

With a 97%^ member satisfaction rate, Peoplecare Health Insurance have been empowering Australians on their health journeys for over 7 decades. Discover a team that genuinely care, true value health cover and access to the tools you need when it matters most. It’s how health insurance should be.

Join now for up to 6 weeks* free on combination cover. Learn more.

^Source: IPSOS 2023 survey

*T&Cs apply. 6 weeks free applied after 60 days of maintained cover. Offer ends 30 June 2025.