You can lower your premium by choosing an excess on your hospital cover. An excess is the amount you agree to pay in each calendar year towards your hospital treatment. A calendar year runs from January to December. Once you have paid your excess for hospital treatment you will not have to pay another excess for the rest of that calendar year, no matter how many times you are admitted to hospital for treatment.
For families and couples there is a safety net. The excess on a family or couples policy only applies to the first two persons on the policy who are admitted to hospital in the same calendar year. This means, no more than two people on any one policy will be required to pay an excess in the same calendar year.
The excess does not apply to inpatient medical services or extras benefits.
On Hospital 100, Hospital 200, Hospital 300, Hospital 400, Hospital 500, Packaged Gold and Packaged Silver, the excess only applies to overnight hospital treatment. It does not apply to same day hospital treatment on these products.
On Packaged Bronze the excess applies to both overnight and same day hospital treatment.
On hospital 1000 the excess applies to both overnight and same day hospital treatment with the excess on same day treatment being limited to $200 per admission up to the maximum excess of $1,000 per person. The full excess of $1,000 per person will still apply to overnight hospital treatment (less any excess that has already been applied to same day hospital treatment for that person in the same calendar year).
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