Every year Billions is wasted on unused Extras Health Cover

Because those who have extras cover do not use it all or avoid it due to GAP payments

Why waste your money. Do better with XHP.

Here is why extras health insurance is not the best value for the money you are paying.

Guaranteed loss of unused funds every year
Premiums keep rising but rebates do not.
Annual Limits and caps and complex fund rules
No cover if suspending due to finanacial hardship
Total loss of funds if cancelling and any benefits

This is not your fault

The entire system is outdated and is designed to maximise their profits.

But, what if there is a better way?

1. Where your unused funds accumulate 
2. Where you are in control of money and decisions
3. Where the fees are capped for lifetime
4. Where funds are held in a dedicated health account
5. Where you can help anyone, you choose to

XHP is that alternative, designed and created by health consumers and professionals to enable health and financial wellbeing.

XHP is a financial product and not insurance for Extras only cover

Licensed by ASIC to provide a financial service - AFSL 500574.
Xtras Health Plan Savings Scheme is registered with ASIC - ARSN 627076411.
Funds are held by a Custodian approved by ASIC with NAB.
Fund are managed as per the terms of the PDS.
XHP is a member of Australian Financial Complaints Authority.
Funds are managed in low-risk bank depository products and can be withdrawn at any time.

For those who want better and want control of their extras cover investment

Take back control with XHP

Control of your Decisions

Be in control, of your decisions
How much to contribute or vary depending on need
When to avail the service that is best for you.
Allocate and budget for future needs.

 Control of your Choices

Choose the extras services you want
Only use a few services, no worries, dont be forced.
Accumulate your funds for a particular need. You can
Access preventive care as often as you need it.

Control of your Investments.

Maximise your investment in extras
Rollover and accumulate your unused funds
Capped Fees for life term of your membership
Accumulated fund eliminate or reduce GAP.

Take Action and Take Control

As a member of XHP you take control of all your health and financial decisions. As an alternative it was created to enable you make better health and financial choices.


Do nothing - Accept Loss of funds

Rising premiums, higher out of pocket expenses, Access restriction due to covid are some of the things to consider. With XHP what you do not use is always yours. 
At least now you know of your alternative option.

Compare the Pair.

For the sake of simplicity, annual extras health insurance premium hikes and interest paid on funds held by XHP are not factored due to its variability. Premiums paid is calculated at $5/day as it is the minimum with XHP. All XHP fees are charges have been debited to ensure it complies with the PDS that applies to Xtras Health Plan Savings Scheme.

Xtras Health Plan

All fees and charges levied by XHP is deducted for the period calculated

Total Cost inclusive of all contribution and Fees with XHP.


Cost Per day over the 5 years with XHP with a spend of $5000.


Balance available for future health needs after spend of $5000.


Extras Health Insurance

GAP is calculated at 49.11% based on APRA Sept 21 quarter data.

Total Cost inclusive of all contribution and GAP with Extras Insurance.


Cost Per day over the 5 years with Extras Insurance on a spend of $5000.


Balance available for future health needs after spend of $5000.


XHP costs less over time, for the same contributions and spend and you end up saving $9,925 over the 5-year period, with $2469 for a future health need.

This is the XHP difference


XHP provides the most affordable membership options for you.

Now get started in minutes and manage all your health needs in a centralised platform, built just for you.

*From your contributions, deductions are made from 1% contribution fee and 0.5% mangement fee on the monthly account balance.

Save More
With XHP.

With XHP, your unused money accumulates each year and can potentially eliminate GAP payments.
Choose to pay more towards your membership depending on your needs
Book appointments, pay for your visits and check transactions on our XHP platform.

Membership Cost

Contributions* start from


Platform Cost

Sign Up

Here is what our member's have to say.

  • I have been a member of XHP health savings scheme for a little while and have more to show for than nearly the 15 years, I had private health extras cover. Having the funds accumulate has mean that for my family, we have more available when we have the need, so no need to max out credit cards if we had a big spend. 
    B Abraham
    Mum and Home Maker
  • Retirement means that we now have more time on our hands to do what we want and when we want. The key to being a self-funded retiree is to manage available funds. With XHP, our unused funds rollover every year and we are already seeing the benefits of funds accumulating. We do not lose with XHP. 
    R Whitfield
    Self funded Retired
  • Saving money for a future use is not my strong suit like my fishing. With XHP, I am able to save money in a dedicated account just like my super. So I know that there will be money available for our needs.
    Screen Shot 2021-05-24 at 9.58 2
    N Bate
    Working and Saving

Australian Owned and Operated
Designed ground up by consumers and health professionals for a better extras cover.

XHP members enable their health and finances

Xtras Health Plan Savings Scheme (Xtras) is not an insurance policy, and you should consider your personal circumstances before deciding whether to open an account. Funds deposited to an account will not be eligible for a private health insurance rebate. Xtras may be considered as a replacement for or to act supplementary to private health insurance depending on your personal circumstances. Xtras Health Plan Ltd does not warrant that Xtras is suitable for your personal circumstances, and you should consider your health and financial needs before deciding whether to open an account. There is a risk that you may have insufficient funds in your account to meet the costs of health treatment depending on the treatment required and the amount deposited to your account.
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