XHP is an alternative to traditional extras health insurance. As a financial product it was created to over come the limitation of traditional extras cover. The most important aspect being affordability.

Compare XHP with Extras cover to see how much you could save

Assumptions in this calculator:

1. Contribution Fee 1% 2. Management Fee 0.5% 3. Average GAP 48.6% * XHP Platform fee is not included in this calculation.

The actual cost of your extra's health cover is the total of the premiums paid for extras health cover and the gap paid when accessing the cover. Whilst you are healthy, most of the extra's cover is not used. So over time, all the unused cover is also wasted.

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Amount paid by Extras Insurance:

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How many years do you wish to see:

Find out how much you save over time with XHP.

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So Lets Compare

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XHP

XHP - Average Spend /year

PHI

PHI - Average Spend /year

Assumptions used in the calculation for XHP are contribution fee is 1%, management fee is 0.5% charged monthly, no interest is paid, no health fund bonus is calculated. This report is based on the information you provided and is general in nature. It is not professional or financial advice and is only intened to inform you. Please seek professional advise as is relevant to your circumstance.

Extras health needs will vary over time, in this comparison the expense is calculated as an average spend per year. Though, this would be up and down depending on your health needs, e.g. your child needs orthodontic braces. As unused funds accumulate with XHP, you may be able to cover a significant part of the treatment cost compared to extras health insurance where the amount paid out is limited irrespective of the duration of cover has been held for.


However, individual circumstances and needs vary. Whilst XHP is an alternative and a way of retaining investments you make in your health it may not be suitable for everyone. You are encouraged to make an informed choice. Our aim at XHP is to enable health and save money.

XHP

YearContributionSpendGAP Real Cost Net Position

PHI

YearContributionSpendGAP Real Cost Net Position

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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