1. Explain what private health insurance is.

Private health insurance is a subscription or policy for which a person pays to provide
them with different levels of cover.

2. Outline what can be covered by private health insurance that isn’t covered by Medicare.
Both individuals and the Australians healthcare system include enabling individuals to
access private hospital care, Helping the government to address the increasing costs of
Medicare, if extras or ancillary policies are purchased, Being able to access a wider
range of services not covered by Medicare, Shorter waiting list for some procedures,
The choice of doctor in a public or private hospital

3. Outline the advantages and disadvantages of having private health insurance.

Shorter waiting list for some procedures and Includes high costs within families or just for the
individual

4. Explain how private health insurance is funded.

By Medicare and by the individual