Other funds may charge an excess or co-payments. At Emergency Services Health our hospital cover has no excesses or co-payments (other than where a waiting period applies)

An excess is the amount you agree to pay towards the cost of hospital treatment. For example if you have an excess of $500, when you’re admitted to hospital you’ll have to pay the first $500 of the hospital costs on top of anything else not covered by your policy.

Similarly some insurers charge a co-payment, which is the agreed amount you’ll pay per day in hospital.