Healthcare in Australia

While Australians are entitled to public hospital treatment, there are big advantages to having private health cover. Private cover can provide support for general health and wellbeing, peace of mind and may deliver tax savings if you have a taxable income above $90,000 ($180,000 for couples). And like any form of insurance, it really shines when you find yourself faced with an unexpected setback - like needing hospital treatment.

Public hospital waiting lists

We've all heard stories about public hospital waiting lists. As a public patient you have very little control over when you are treated, who treats you or which hospital you go to.

Here are a few examples of the average wait times for treatment in a public hospital under Medicare*:

  • 97 days for removal of tonsils
  • 13 days for coronary bypass surgery
  • 110 days for hip replacement surgery
  • 195 days for knee replacement surgery

And that's not the worst of it - plenty of people on the list waited longer than this.

* Source: Australian Institute of Health and Welfare, Elective surgery waiting times 2016-17: Australian hospital statistics. Waiting times at the 50th percentile. Report dated December 2017.

Private hospital

To avoid these waiting lists, the alternative is to be treated at a private hospital which can be very expensive. Without health insurance, you could be up for tens of thousands of dollars and, in some cases, you may need to pay upfront.

Here are a few examples of what private hospital procedures could cost you without health insurance*:

  • $2,977 for removal of tonsils
  • $45,917 for coronary bypass surgery
  • $25,202 for hip replacement surgery
  • $22,520 for knee replacement surgery
* Average charge to nib customers for procedures in a private hospital (rounded to the nearest $1), in FY2017. Correct as at November 2017. Average costs include all charges for the total hospital procedure (including and not limited to, medical, hospital, prostheses, surgeons' and specialists' charges).

nib helps you afford the private hospital treatment you want

nib's private hospital cover helps you avoid public hospital waiting lists, pays benefits toward the cost of private treatment and also allows you to (subject to availability):

For more information about Australia's Healthcare System

Visit the Department of Health website.

Visit the Medicare Australia website.