Millions of people trust Finder to help them make better decisions.1
Find out which policy won the Finder Award for 'Best Bronze Health Insurance' in 2022, and why.
Key points:
- HBF Bronze Hospital Plus won ‘Best Bronze health insurance’ in the 2022 Finder Awards.2
- It won because it covers more treatments in a private hospital for a lower premium (or price) than the other policies Finder reviewed.2
- It’s also on Finder’s ‘Top picks for all-in-one’ insurance when combined with HBF Basic Extras.3
- And it’s on Finder’s ‘Top picks for tax’ because it offers good value for money while helping you save on tax.2
How was the winner chosen? 2
In 2022, Finder analysed 175 hospital cover policies to help people find the best bang for their buck.
Policies that covered more treatments in a private hospital for a lower premium (price) scored higher in Finder’s rankings.
HBF Bronze Hospital Plus won 'Best Bronze Health Insurance' in 2022.
So in a nutshell, Finder reckons you can get more for less with HBF Bronze Hospital Plus.
Who should consider
HBF Bronze Hospital Plus?
According to Finder, anyone who wants a broad range of hospital services covered at an affordable price.
“With 26 core services included, HBF’s Bronze Hospital Plus offers a broad range of hospital services – more than most others do. It manages this while staying very competitive on price, which is of particular importance for people this year,” said James Martin, Finder’s editor for insurance.
“This makes it a good fit for most needs, be it for singles, couples or families – essentially, anyone not specifically looking for higher tier services, such as pregnancy and birth, or heart and vascular procedures,” Martin added.
In summary, Finder’s reasons to consider this cover include:
- It covers 26 hospital services in total – more than most Bronze plans Finder reviewed.
- It does this while staying very competitive on price.
- It’s also on Finder’s ‘Top picks for all-in-one’ insurance when combined with HBF Basic Extras.3
- It offers 3 excess options, helping customers to better manage their upfront costs.
What about extras cover?
So far, we've only talked about hospital cover.
Finder throws extras into the mix with its ‘Top picks for all-in-one’. They match each winning hospital cover with the best value extras cover from the same insurer.
Why does Finder like HBF Basic Extras?
“HBF Basic Extras is one of the best value basic extras policies available on Finder. It’s also one of the most affordable policies to cover optical,” said Martin.
What else does HBF Basic Extras include?
Why was HBF Bronze Hospital Plus also one of Finder’s top picks for tax?3
HBF Bronze Hospital Plus is one of Finder’s ‘Top picks for tax’ because it is comparatively cheap while offering good cover.
What does health insurance have to do with tax?
Hospital cover can help you save if:
-
You earn over $90k for MLS purposes.
The Medicare Levy Surcharge (MLS) is a tax applied to people who don’t have an appropriate level of hospital cover and earn above a certain amount.
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You’re 31 or older and getting hospital cover for the first time, or after a gap in cover.
Lifetime Health Cover Loading (LHC) is an extra cost applied to the price of hospital cover for those who wait until they’re over 31 to get it.
Note: Finder's 'top picks' are reviewed each month, so they are subject to change.
Sources:
- 1Finder - About Us, (2021)
- 2Finder - HBF Health Insurance review, (2022)
- 3Finder - Find the best health insurance, (2022)
Disclaimer:
This article contains general information only and does not take into account the health, personal situation or needs of any person. In conjunction with your GP or treating health care professional, please consider whether the information is suitable for you and your personal circumstances.