14/06/2026
With my latest increase expected to cost me over $4,000 a year for HCF hospital cover… I finally quit. 😳
I’m 46, a solo mum and I just finished my IVF journey. For decades, I believed private cover was essential—my safety net, my peace of mind. But premiums kept rising, and I realised I was paying thousands without really using it - even when I had my baby (except for the embryo transfer which gave me a benefit of $500).
Here’s the thing: because I’m low income right now, I don’t have to pay the Medicare Levy Surcharge, and if I ever decide to get cover again, I have up to 3 years without penalty or loading. That means I can take a break, save money, and still protect my future if needed.
It wasn’t an easy decision. I felt guilty, scared, like I was taking a risk. But then I thought about my child’s and our financial security. I asked myself: Do I keep paying hundreds every month, or do I finally take control of my money?
I chose control. I chose freedom. I can still use public hospitals, still have extras, and invest the thousands I save into my kid, our life, and our future. 💪
I keep track of it using the Budget and Expense workbook I built. You can track of yours too - download it here:
https://payhip.com/b/g75Kc
Sometimes the scariest money decisions are the ones that give you the most power.
Have you ever made a money choice that scared you? 💭
Comment below—I want to hear your story.
Disclaimer: This reel is for informational purposes only and reflects my personal experience/opinion. It should not be considered professional or financial advice. Always get advice for your situation.
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