3min chapter

Dev Raga Personal Finance cover image

309 private health insurance

Dev Raga Personal Finance

CHAPTER

The Total Out of Pocket Expenses for Amy's Private Health Insurance

In the private system, there's something called gap cover. Some surgeons and proceduralists like anesthetics have no gap schemes with specific insurance providers. If that is the case, Amy's total cost of care for her breastlump surgery in the private system may be as low as $1,000 and 55 for an episode of care. That's a 57% discount or saving for her. Now let's dig a little bit deeper into the whole fee thing because how does Medicare rebate work in theprivate system?

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