Should you consider private health insurance?

Private health insurance (PHI) gives access to more comprehensive health services outside the public system Credit: Solskin/Getty Images

Australians have access to a quality and affordable public healthcare system. There's also the option to pay for private health insurance, allowing shorter waiting times and more choices when visiting hospitals and specialists.

Private health insurance reduces the burden on our public health system.
Private cover means shorter waiting times for hospitals and specialists, and rebates for specific health services.
The government offers incentives to join private health funds.