Scholarly Contribution to Database/Website

Thinking of ditching private health insurance in the pandemic? Here’s how to calculate if it’s worth it for you

Yuting Zhang

Published : 2020

Abstract

Almost all private health insurers increased their premiums in October, and have scheduled another price rise for April 2021. As many people struggle financially amid the pandemic, you may be wondering whether you should drop your private health insurance altogether. Before you do, bear in mind some government policies affect the cost of your insurance, and sometimes dropping it may even cost you more.