Your Health Wallet vs Traditional Extras Cover

Why it pays to make the change

The genuine alternative to traditional extras health insurance.

It’s time to stop wasting money on services you don’t use, with contributions that don’t accumulate and aren’t working for you.

Use our handy calculator to see how much you could save compared to your existing extras cover.

Crunch the numbers

Don't miss out

Benefits YHW Extras
Accumulate unused funds annually
Earn interest on contributions
Gift health to those you care about
Withdraw funds when needed (e.g. cover your pet)
Use funds for non-extras health needs
No limits or controls on how you use your funds
How it works
Frequently Asked Questions

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

AFSL:   500574
ARSN: 627076411
ABN:   92618020885

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  • Licensed by ASIC to provide a financial service – AFSL 500574.
  • Your Health Wallet 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.
  • Your Health Wallet 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  • Funds are managed in low-risk bank depository products and can be withdrawn at any time.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 the sake of simplicity, annual extras health insurance premium hikes and interest paid on funds held by Your Health Wallet are not factored into the comparison chart due to their variability. Premiums paid are calculated at $5/day as it is the minimum with Your Health Wallet. All Your Health Wallet fees are charges have been debited to ensure it complies with the PDS that applies to Your Health Wallet. All fees and charges levied by Your Health Wallet are deducted for the period calculated. GAP is calculated at 49.11% based on APRA Sept 21 quarter data.

Your Health Wallet 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. Your Health Wallet may be considered as a replacement for or to act supplementary to private health insurance depending on your personal circumstances. Your Health Wallet does not warrant that Your Health Wallet 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.