Better Value 80
An extras policy from Medibank.
- Corporate policy, sold through employers and associations.
- Only sold with particular other policies.
Premiums for every state, cover type and excess this policy is sold with, and what it covers, from the statement Medibank files with the government. Monthly, before the rebate and any Lifetime Health Cover loading.
From
Single, NSW & ACT, no excess, before the rebate.
- Medicare levy surcharge
- Does not exempt you
- Ambulance
- Emergency only, call-out fees included, no limit
- Who can join
- Through an employer or group
The Private Health Information Statement for this price, on PrivateHealth.gov.au.
Against every other extras policy in NSW & ACT
Single cover, corporate and restricted policies included. Further right covers more services, higher up costs more.
It covers 23 services for $132.65 a month. Of the 396 other policies, 307 cost less and 127 cover more services.
Monthly premium by state and cover type
NSW prices also apply in the ACT. Each price in the tables opens its official Private Health Information Statement on PrivateHealth.gov.au, with a PDF to download.
Single premium in each state
To the nearest dollar, a month before the rebate. The tables below have every price to the cent.
No excess
| State | Single | Couple | Family | Single parent | Extended family | Extended single parent |
|---|---|---|---|---|---|---|
| NSW & ACT | $132.65 | $265.30 | $265.30 | $252.00 | $331.70 | $265.30 |
| VIC | $132.65 | $265.30 | $265.30 | $252.00 | $331.70 | $265.30 |
| QLD | $132.65 | $265.30 | $265.30 | $252.00 | $331.70 | $265.30 |
| SA | $132.65 | $265.30 | $265.30 | $252.00 | $331.70 | $265.30 |
| WA | $132.65 | $265.30 | $265.30 | $252.00 | $331.70 | $265.30 |
| TAS | $132.65 | $265.30 | $265.30 | $252.00 | $331.70 | $265.30 |
| NT | $132.65 | $265.30 | $265.30 | $252.00 | $331.70 | $265.30 |
Pays towards 23 of 27 standard services
Yearly limits, per person, against the typical policy
- General dentalshared with major dental, endodontic (root canals)$1,200typical policy $800
- Major dentalshared with general dental, endodontic (root canals)$1,200typical policy $1,000
- Optical$250typical policy $220
- Physiotherapy$500typical policy $450
- Chiropracticshared with osteopathy$400typical policy $400
- Psychologyshared with 9 other services$500typical policy $400
What it pays on common claims, against the typical policy
- Periodic oral exam (item 012)80% of the feetypical policy $35.20
- Scale and clean (item 114)80% of the feetypical policy $66.85
- Full crown, veneered (item 615)80% of the feetypical policy $773.80
- Single vision lenses and frames100% of the feetypical policy $220.00
- Physiotherapy, first visit80% of the feetypical policy $42.00
- Psychology, first visit80% of the feetypical policy $75.00
| Service | Waiting period | Yearly limit, per person | Example benefits (all states) |
|---|---|---|---|
| General dentalconditions apply | 2 months | $1,200shared with major dental, endodontic (root canals) | Periodic oral exam (item 012): 80%Scale and clean (item 114): 80%Fluoride treatment (item 121): 80%Simple extraction (item 322): 80% |
| Major dental | 12 months | $1,200shared with general dental, endodontic (root canals) | Full crown, veneered (item 615): 80% |
| Endodontic (root canals) | 12 months | $1,200shared with general dental, major dental | Root canal filling (item 417): 80% |
| Orthodontics | 12 months | $1,500, $3,500 lifetime | Braces, upper and lower, with retainer (item 881): 80% |
| Optical | 6 months | $250 | Multifocal lenses and frames: 100%Single vision lenses and frames: 100% |
| Non-PBS medicines | 2 months | $500shared with 9 other services | Non-PBS prescription: 80% |
| Physiotherapy | 2 months | $500 | Physiotherapy, first visit: 80%Physiotherapy, later visit: 80% |
| Chiropractic | 2 months | $400shared with osteopathy | Chiropractic, first visit: 80%Chiropractic, later visit: 80% |
| Podiatry | 2 months | $250shared with orthotics | Podiatry, first visit: 80%Podiatry, later visit: 80% |
| Psychology | None | $500shared with 9 other services | Psychology, first visit: 80%Psychology, later visit: 80% |
| Acupuncture | 2 months | $500shared with 9 other services | Acupuncture, first visit: 80%Acupuncture, later visit: 80% |
| Remedial massage | 2 months | $250 | Remedial massage, first visit: 80%Remedial massage, later visit: 80% |
| Hearing aids | 36 months | $500shared with orthoptics | Hearing aid: 80% |
| Blood glucose monitors | 24 months | $500shared with 9 other services | Blood glucose monitor: 80% |
| Antenatal and postnatal | 2 months | $500shared with 9 other services | Antenatal and postnatal, first visit: 80%Antenatal and postnatal, later visit: 80% |
| Chinese herbal medicine | 2 months | $500shared with 9 other services | Chinese herbal medicine, first visit: 80%Chinese herbal medicine, later visit: 80% |
| Dietetics | 2 months | $500shared with 9 other services | Dietetics, first visit: 80%Dietetics, later visit: 80% |
| Exercise physiology | 2 months | $500shared with 9 other services | Exercise physiology, first visit: 80%Exercise physiology, later visit: 80% |
| Orthoptics | 2 months | $500shared with hearing aids | Orthoptics, first visit: 80%Orthoptics, later visit: 80% |
| Occupational therapy | 2 months | $500shared with 9 other services | Occupational therapy, first visit: 80%Occupational therapy, later visit: 80% |
| Orthotics | 2 months | $250shared with podiatry | Orthotics: 80% |
| Osteopathy | 2 months | $400shared with chiropractic | Osteopathy, first visit: 80%Osteopathy, later visit: 80% |
| Speech therapy | 2 months | $500shared with 9 other services | Speech therapy, first visit: 80%Speech therapy, later visit: 80% |
Not covered: audiology, health management programs, home nursing, vaccinations.
Other services: Health appliances and external prostheses (2mth waiting period) and Breathing appliances (12mth waiting period), 80% back up to annual limit, $500 annual limit shared with Hearing aids. Blood pressure monitors (24mth waiting period), 80% back up to annual limit, $500 annual limit shared with Non-PBS Pharmaceuticals. Various benefit replacement periods apply. Counselling (no waiting period) shares an annual limit with Psychology. Please contact Medibank for more information.
A 12mth waiting period applies for Surgical tooth extraction
Example benefits are what the policy pays for that item at a provider without a special arrangement with the insurer; a percentage is of the fee charged. The typical policy is the middle one of the 708 extras policies on the market that aren't sold only through employers.
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Source: PrivateHealth.gov.au data (Private Health Insurance Ombudsman) via data.gov.au, licensed CC BY 3.0 AU. Normalised by The Finance Algorithm from the extract dated 1 Oct 2026, read on 23 Oct 2026.
Premiums are monthly and shown before the Australian Government rebate and any Lifetime Health Cover loading or age-based discount. Confirm the price and the cover with the insurer before you buy; the official statement for every policy is on PrivateHealth.gov.au. This is general information, not advice, and no insurer pays to be listed or ranked here.