Most people have joined Private health insurance to avoid the Medicare Levy Surcharge.
However if you are low income or you have a Medicare levy exemption, is paying $3.5K per year (for family) for Private health insurance worth it?
Or is there better alternatives?
For example, if you have an unexpected injured or become seriously ill, would you just go straight to the hospital (public) emergency?
Or if you have an planned operation, would the cost of the operation be equivalent to paying for the Private health insurance premiums for a couple of years?
Does this suggest that Private health insurance is only beneficial for those who have serious illness?
I currently have Private health insurance but question the need to have one going fourth.
Also would like to know if there are any other better alternatives available, eg. Smile dental plan.