An excess is an upfront lump sum that you agree to pay towards your hospital stay or day surgery admission. You only pay this cost as if you need to make a claim. Choosing to pay the higher $750 excess can help you reduce your premiums.
The excess applies to each person on your cover and there is a maximum amount for each person per Membership Year. There are different excess options, depending on the product.
- Nil excess
- $500 per person or $1,000 per couple or family per Membership Year.
- $750 per person or $1,500 per couple or family per Membership Year.
Please note: If the charge for your first admission is less than the excess amount, any remaining excess must be paid if you’re admitted again in the same Membership Year.
On some policies the excess is waived for any child, student or adult dependants. Check your policy details in your product information for more information.