Going to hospital can be stressful enough without having to deal with the uncertainties of how much it may end up costing you or your loved ones. That’s whereMedibank GapCover comes in.
Out-of-pocket expenses explained
There’s a number of reasons why you may have to pay out-of-pocket costs when you go to hospital. However, one of the most common causes of out-of-pocket expenses is how much your specialist charges.
Specialists and providers are not restricted to charging the Medicare Benefits Schedule (MBS) fee (that is, the fee set by the government for each treatment) alone and may choose to charge more for a particular service. If they charge more than the MBS fee, you’ll have an out-of-pocket expense unless:
- your specialist participates in Medibank’s GapCover; and
- the service provided is eligible for GapCover.
Specialists’ fees and GapCover
Where your specialist or specialists choose to charge more than the MBS fee, you’ll be left with an out-of-pocket expense to pay. This is commonly referred to as the ‘gap’. GapCover can help you reduce or eliminate the gap on all Medibank Hospital covers for eligible services (excluding Public Hospital covers).
If your specialist or specialists participate in GapCover for the claim forming part of your treatment, we will pay an amount higher than 25% of the MBS fee. Here's how it works:
There are two possible scenarios if your specialist participates in GapCover:
Your specialist participates in GapCover and charges you no out-of-pocket costs for the claim forming part of the treatment you receive as an inpatient.
Your doctor participates in GapCover and charges you a limited out of pocket of no more than $500 for the claim forming part of the treatment you receive as an inpatient.
If your specialist/s chooses not to participate in Medibank’s GapCover, the amount we pay will be limited to 25% of the MBS fee. This means that where the doctor charges more than the MBS fee you’ll need to pay the gap yourself, which could result in very large out-of-pocket expenses.
It’s important to be aware that:
- It’s entirely up to your doctor whether they’ll participate in GapCover. This also applies when you’re treated by more than one doctor (eg. surgeon and anaesthetist)
- Doctors can decide to participate in GapCover on a per claim, per treatment, and per patient basis
- GapCover doesn’t apply to diagnostic services, out of hospital medical services and services not included under your policy
- GapCover doesn’t apply to excesses and/or co-payments
- Out of pocket costs may still apply. Please refer to the Member Guide for more information.