Getting the most out of your health insurance as a millennial

We’ll also throw in some pro tips tailored to your life stage, which could be anywhere from chasing toddlers to chasing vacations.

Hospital Insurance: Much More Than Peace of Mind

Let’s get straight to the point, because as a millennial we know you’re into that. To know how hospital insurance can serve you at any life stage, you first need to ask yourself these five questions:

(Yes you can put Friends or Seinfeld on in the background.)

1. Are you planning on starting a family in the next 18 months?
2. Are you already in the thick of parenthood?
3. Do you or your family play an active sport?
4. Are there medical issues that run in your family that you'd like to be prepared for?
5. Is it important to you to have a safety net in case something comes up?

Real-Life Scenario

We asked one of our health insurance experts, Rob, to imagine he’s at a BBQ with friends and the topic of health insurance comes up over some grilled peach summer salad.

Our public hospitals are great at looking after you in an emergency, but for something a little less urgent you could be waiting a long time. Instead of potentially living in pain while you wait, going private can get you and your family in faster and you get to choose your specialist too. – Rob

Onto Extras Education, We’ll Be Brief

Our product expert Rob also has some food for thought on Extras cover – and a lot of it comes down to lessening that millennial mental load, which can be heavy at the best of times.

I can't imagine life without sport, but as I get a bit older those faint aches and pains that come with it are getting less faint and could do with some attention from a physio. And then there's the other side-effects of being a millennial about to hit 40: I can't do without my glasses, regular visits to the dentist are becoming more important, and a lot of us are starting to think more about our mental health as well. Knowing my Extras cover is going to help out with all that makes a big difference to the mental load.

So, you might not need Extras cover but if you’re into preventative health – it can be of great support. Preventative health is all about looking after your wellbeing in the now to help in avoiding bigger issues down this line – this includes regular scale and cleans with your dentist, visits with a physio to create a plan to suit your lifestyle (or manage your text-neck) and lots more services that can help you feel your best.

Does your policy need a health check?

Getting the most out of your cover requires some TLC or what we like to call in the biz, a policy health check. Review your health and family history annually to make changes to your policy that make sure you stay covered. Book a policy health check here.