Gap or Out of pocket expense is an additional expense incurred when availing extras health, which means the real cost of extras health is the total of premiums paid plus the GAP paid. It is a fact that those with some sort of cover participate more in their health needs and are more likely to have better health outcomes than ones who don't have similar sort of cover.
In a interview with News Corp, the ex CEO Mr. Shaun Gath of Private Health Insurance Administration Council,
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- Address: Suite 2, 36 Macaree Street, Berserker, Rockhampton, Queensland 4701
- Phone: 07 3088 6969
- Email: info@xhp.com.au
- Xtras Health Plan Ltd AFSL500574
- Xtras Health Plan Savings Schemes 627076411
- Xtras Health Plan Ltd ACN 618020885
Xtras Health Plan Savings Scheme (Xtras) is not an insurance policy and you should consider your personal circumstances before deciding whether to open an account. Funds deposited to an account will not be eligible for a private health insurance rebate. Xtras may be considered as a replacement for or to act supplementary to private health insurance depending on your personal circumstances. Xtras Health Plan Ltd does not warrant that Xtras is suitable for your personal circumstances and you should consider your health and financial needs before deciding whether to open an account. There is a risk that you may have insufficient funds in your account to meet the costs of health treatment depending on the treatment required and amount deposited to your account.