I've spent the last hour learning about the weird and wonderful world of private health insurance. And it sucks a dick.
You see, unlike the USA, Australians have a pretty decent public health system that pays for most things, but is overstretched and underfunded. The federal government, in a half-arsed effort to take some of the load off the public system, decided that people who earn over *cough* dollars per year are required to pay an extra 1% income tax or take out private insurance. Conveniently, entry-level private insurance is exactly equal to 1% of *cough*. Fancy that.
Seeing as I am now a professional kind of person, I have to pay an insurance company 1% of *cough* so that I don't have to pay the government 1% of *cough*. I suppose it makes sense if you earn more than me, but I'm pretty close to the borderline.
The really fucked thing about it is that I'm now looking at insuring myself against things like major road trauma (done better and free in the public system), ambulance cover (free from work), appendicitis (no appendix), wisdom teeth removal (no wisdom teeth), strokes and heart attacks (yeah right), diabetes (yeah right) and optometry expenses (perfect vision). Money down the fucking drain. But this is how the government thinks it's gonna save money. In an effort to sweeten the deal, the government even subsidises the insurance policy! Here's a fucking brainwave -
how about putting those millions of dollars of subsidies into the public system!Sure, I save about $100 a year. But I'd almost rather pay the Medicare levy, because at least then I'd know that it was going into consolidated revenue rather than shareholders' pockets. And given the exceptional unlikelihood of me claiming on this insurance, the only people getting a benefit are the chronically ill 65+ year olds
who I am subsidising.
I'm going to take out the insurance regardless, since as my income goes up it'll become more worthwhile. But if I ever go into hospital again, I'll be going in as a public patient (I have the choice). It'll presumably be for some kind of accident or injury, in which case I'd be going to a public hospital thank you very much, since the private hospitals are incompetent at anything other than chest infections and heart attacks. I'll get the exact same treatment, won't have to pay the excess, and the only thing it will cost me is cable TV in my ward.
Just like last time.