In this Australian Finance Podcast episode, your host James O'Reilly, from Northeast Wealth speaks with longevity expert Dr Steven Lu about how to get the best Private Health cover for you, the health issues where you’ll most need it, and the times you won’t.
If you like this Australian Finance Podcast episode on navigating Private Health Insurance, you'll love the series. Don't forget to subscribe for weekly shows on Apple, Spotify, YouTube or wherever you get your podcasts.
This episode was originally featured on the Australian Retirement Podcast.
Topics covered today:
The history of Private Health Insurance (PHI) in Australia
Why having PHI can significantly reduce your tax bill
When does PHI deliver good value for policy holders?
What are the major pitfalls of PHI?
Spending on disaster recovery, versus disaster prevention
How Australian Private Health Cover is changing today
Your options if not taking out PHI
How you can take action today
Resources for this episode
Dr Steven Lu’s practice - Everlab: https://www.everlab.com.au
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DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg
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