Mental health support is available right now to anyone in need.
In fact, one in five people will experience anxiety, depression or another condition compromising their mental stability in a given year. Zooming in even further, the leading cause of death in young people aged 15 to 24 is suicide, outweighing even car accidents.
It’s an alarming reality that the COVID-19 pandemic only worsened, with extended periods of isolation, monetary losses and distance from close friends compounding negative feelings in a way completely unprecedented.
Right now in Australia, Medicare-subsidised counselling sessions are available to each individual every year and are accessible through any GP. Unfortunately, the public healthcare system is being consistently overstretched to keep up with demand and it often takes weeks or months to organise a session. The other option is private psychiatric care. Included as an extra in private health insurance policies, it can offer more reliable and efficient support to all Australians.
Let’s dig deeper into mental health care and discover how young people are using health insurance extras to stay on top of their mental health while saving money.
What’s the difference between health insurance and extras?
Health insurance details two kinds of protection: hospital and extras cover. For what is usually an annual cost, you’ll receive financial assistance that subsidises healthcare treatments. Hospital insurance services in-hospital costs, whereas extras insurance covers non-hospital care such as psychologist visitations, dental procedures and physiotherapy.
Young Australians are quickly realising the increased quality of care and financial security that extras health insurance offers. In fact, many are minimising their traditional hospital cover to focus almost purely on the extras to look after their mental health.
Focusing on your mental health with ExtrasJar
At ExtrasJar, we want to make the treatments important to young people available to all young people. In the case of mental health, reaching out for professional support is the powerful beginning of a positive upwards trajectory, so we’re reducing the barriers to care that makes a real difference.
A common barrier turning people away is the monetary stress of treatment. In response, ExtrasJar offers flexible and effective extras cover that lets you access the support you need, without paying for the things you don’t.
This personalised cover begins from the moment you open an ExtrasJar account when you receive a digital Health Extras Card. Just tap that at the point-of-sale instead of dipping into your savings. If you don’t tap into your fund, it’ll not only rollover, but expand thanks to our pioneering investment mechanism. We’re all about funds that don’t expire.
You’ll also be able to connect with a holistic network of healthcare providers that provide discounts and benefits just because you’re with ExtrasJar. We don’t think your care should ever be restricted, so we’re connecting you with the best people from the jump.
Insure the care that’s important to you - and only you
At ExtrasJar, we understand there’s no one-size-fits-all approach to extras cover, so we revolutionised the system. Whether you want to spend it all on mental health support, dental or physio, we’re here to make that a reality.
So, do you really need private health insurance as a young person in Australia? If you want to look out for your health as much as you do your wallet – absolutely with ExtrasJar.
Find versatility, discover true control and grasp the healthiest version of yourself, inside and out, with ExtrasJar today.