4 benefits of health insurance for seniors

By  AAMI 02 January 2018

Getting older isn’t what it used to be! As Aussies, we’re working longer, getting social and staying fitter than any generation before us. But the truth is, getting older can bring new challenges when it comes to our health. When you organise your health insurance, it’s important to feel that your health fund is catering to your needs. AAMI Health Insurance helps you to tailor your health cover by choosing the level of Hospital Cover that suits you best and then adding on the Extras you want. Tailoring your health cover could help you save money as you won’t be paying for things you’re unlikely to need – like pregnancy and birth related services. Here are just 4 benefits of health insurance for seniors with AAMI Health Insurance:

1. Switching is easy

There’s no need to wait to claim on services if you change from one insurer to an equivalent level of AAMI Health Insurance cover. We’ll recognise any waiting periods you have already served with your current fund so that you won’t need to restart those waiting periods. Waiting periods will apply for services not currently covered by your original fund, and any benefit limits already used with your current fund in that calendar year will carry over to your AAMI Health Insurance policy. 

For many people looking to switch health insurance providers, not having to wait for months when you need something is a big relief. When you switch to AAMI Health Insurance, you won’t have to go back to square 1. So, if you switch to AAMI Health Insurance’s Everyday Boost Hospital from an equivalent level of cover, you’ll skip the 2-month waiting period on services like rehabilitation of injured joints and limbs. Plus, skip the stress of extra admin – when you switch to AAMI Health Insurance we’ll take care of all the paperwork.

2. Get unlimited emergency ambulance transport

All AAMI Health Insurance levels of cover include unlimited emergency Ambulance Cover – so you can relax and know that you’ll be covered for any unexpected emergency ambulance trips. If you need medical attention and your condition means that you can’t be transported in another way, you will be covered for:

  • Unlimited emergency ambulance transport to hospital provided by a state or territory ambulance service.*
  • Emergency ambulance call-out fees (where you’re treated at the scene by paramedics and it is determined that transport to hospital is not required).
  • Transport between hospitals when the transfer is required as a result of the existing hospital not specialising in the treatment required.

*Residents of QLD and TAS are covered for Ambulance Services by their respective state governments.

3. Get added cover with Extras 

Health insurance for seniors can help if you’re sick or injured, but we also think your Extras Cover should let you keep your active lifestyle and feel good no matter how old you are. 

Depending on your needs and the level of cover you choose, you can get up to 70% of the cost of Extras back each time you claim (up until you reach the annual limit). For example, if you take out AAMI Health Insurance Starter Extras cover, you can get back 60% on Physio, Chiro, and General Dental procedures. Opting for Extras cover is a smart choice when it comes to prevention and encouraging good health as you get older.

4. Choose your excess & reduce your premium

If you’re admitted to hospital and you have health insurance, you pay an excess. Depending on the level of cover you have, your excess with AAMI Health Insurance will be either $250 or $500. When you take out AAMI Health Insurance cover, you can select a higher excess amount on either our Everyday Boost Hospital or Premium Hospital covers. This way you’ll reduce the premium you pay for your health cover.

To make sure you get the health insurance that meets your lifestyle and budget as you get older, use our AAMI Health Insurance comparison guide. Got a question about health insurance for seniors? Call us to speak to a friendly AAMI staff member on 13 22 44 (8am-6pm Mon-Fri AEST/AEDT, Closed Weekends and Public Holidays)..

Find out more about AAMI Health Insurance here.


AAMI Health Insurance is issued by nib health funds limited ABN 83 000 124 381 (nib), a registered private health insurer, and is marketed by Platform CoVentures Pty Ltd ABN 82 626 829 623 (PC), a Suncorp Group company. PC is an authorised agent of nib and receives commission from nib.