Drop private health extras cover - consumer body advises

The organisation says fund members need to weigh up whether they do get financial benefits from their extras insurance which covers costs such as dental check-ups. Choice says an analysis of extras cover shows low average payout rates and savings of up to 45% available to consumers who drop it.
According to Choice, the 5.59% average premium increase will see a 48.3% cumulative premium increase since 2009 and comes two weeks after Medibank announced a 58% jump in net profit.
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