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In early September, the Government passed an amendment to the private health insurance legislation. The goal is to make health cover simpler and more affordable for Australians. The changes as a result of this amendment will be rolled out on 1 April 2019. So what are some of the major health reform changes and how might they affect you?

Have you ever heard of the term “self-insurance”? It’s being referred to as an alternative to the traditional process of taking out a health insurance policy as a safety net. But can you really afford to self-insure and is it the safest option? According to finance and insurance expert, Bessie Hassan from finder.com.au, “The answer is probably not. You never really know when a medical issue can pop up and how much it’s going to cost you, the reality is that not everyone can afford to fork out $35,000 when the time comes.” With this in mind, Bessie  discusses the importance of having health insurance and being covered if the worst happened.