Read More | Extras Cover

Manage the GAP


Often the two main reasons a lot of people mention as to why the purchase extras health cover is for peace of mind and the other to reduce out of pocket expenses or “GAP” to pay when the need arises.

Out of Pocket expenses is referred to as “GAP” and is one of the main reasons often cited by many people as the reason for not using their cover. Medicare Australia does not cover Extras Health except in very limited circumstances for people who meet specific requirements. Very often the amount of cover and the needs to the individual don’t match and a GAP payment is triggered when certain thresholds of the cover are exceeded.

Such thresholds are often in the form of Annual limits, combined limits, life time cover which more or less results in the GAP as what the Private health insurance extras cover pays for may not be equal to the health invoice.

As a general rule the more you pay and higher the type of cover you have with your extras health provider, the higher the benefits you will receive per service. So the catch being you need to pay more to get more. Question though, is it a better value?

True cost of extras cover is the cost of private health insurance and the GAP costs associated with the desired service.

Irrespective of how long you have been with your private health extras cover provider you may have a “GAP” to pay as none of the unused funds accumulate towards eliminating potential GAP.

Do yourself a favour, if you would like to save money join XHP

Xtras Health Plan Savings Scheme (XHP)

Our Aim at XHP is to enable health and save money for our members so that they can enjoy their health. We do this by enabling our members  to accumulate your money which over time has the potential to “eliminate the GAP”.

Your gap is dependent on your account balance. Used wisely you may be able to eliminate your GAP totally as your account balance will be greater than the spend.

Research has shown that many people just simply drop their cover as they are not able to afford the cover with the amount of gap paid on top. For some this has meant putting up with discomfort which over time has an effect on the individuals health and wellbeing.

At XHP, we get you and for that very reason we have designed XHP to make

  1. Healthcare affordable, and for peace of mind of knowing that unused funds accumulate in a dedicated account and earns interest as well for you.
  2. “NO GAP”, unless you have spent all the balance in your account. If your account balance is greater than the invoice amount you will never have a GAP.
  3. Quite simply you are in control of your health decision and health expenses on which services that you need to use and how much you wish to spend. Assuming you are careful on how the funds are spent it is very likely you may have adequate funds in the account to cover the big ticket item that you did not foresee coming.
  4. With preferred providers you will have the comfort of knowing the fee schedule is fixed in relation to the maximum fee that can be charged enabling you to quickly make informed decisions.

You are in the driving seat with XHP and can start to take advantage of the dedicated health savings scheme. To become a member, click here



With XHP as your unused money, rolls over each year you will build a nest egg over time to cover most of your extras health needs.

Proudly Australian for Australians

Australian Owned and Operated


Suite2, 36 Macaree Street,
Berserker, Rockhampton,
Queensland 4701
Phone (07) 4807 6424
Email [email protected]

Xtras Health Plan Ltd – AFSL500574
Xtras Health Plan Savings Scheme – ARSN 627076411
Xtras Health Plan Ltd – ACN 618020885

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 amount deposited to your account.