FREQUENTLY ASKED QUESTION

How does an HBF hospital excess work?

When you take out HBF Hospital cover, you will be asked to choose an excess level ($0, $250, $500 or $750). Excess options available vary by cover and not all excess levels are offered across all covers.

If you choose to have a higher excess (e.g. $750), you will have a greater reduction on your premium, however you will need to pay that excess amount upfront for your hospital treatment prior to claiming a benefit from your health fund. In comparison, you might choose $0 excess, in which case your premium will be higher, but you won't be required to pay anything upfront prior to treatment.

Here's some things to consider when deciding which excess to choose:

• Your medical history
• How likely you are to be admitted to hospital
• How many times you've been admitted to hospital in the past
• The amount of money you'd be able to pay upfront if you're admitted to hospital and make a claim