The economics of health insurance is interesting.
With the state of Australia’s heath system if you have a life threatening illness you will get treatment.
However if you have a non life threatening illness you will wait and probably a very long time.
I will suggest that the choice issue that many private health insurance provides talk about is open to interpretation.
Most people who see a specialist go to the specialist they are referred to.
Information about the quality of care or success rates for various doctors in not available to most patients some would argue that the nature of medicine makes it impossible to collate such information.
If you don’t live in a major town there may be very few specialists servicing the area.
For instance there probably are not many gynaecologists in Broken Hill
Any insurance is a form of risk management how likely you are to get sick depends on many things.
Also like all forms of insurance the cost of administering/advertising the fund will be money that will never be paid out to the members.
How risk adverse you are is a personal thing.
Personally I have basic health cover with mutual community I am happy with the service I have received.
