The Australian Medical Association (AMA), an advocacy group for doctors, says private health insurance no longer provides value for money, and wants the government to overhaul the industry. The association’s annual Private Health Insurance Report Card, released today, found premium prices had doubled over the past 16 years, outstripping health inflation.“Australians are paying more for their...
Increased claim costs are putting health insurers under pressure, new data shows. The latest figures from industry regulator, the Australian Prudential Regulation Authority (APRA), show $5.2 million was paid for hospital treatment claims in the September 2025 quarter – an 8.0% increase compared with the same quarter last year and much higher than the growth in...
Specialist fees for private hospital care in Australia have increased dramatically – in some cases, by as much as 9 times, new data shows. Figures from Private Healthcare Australia, the peak body for the health insurance industry, found that average out-of-pocket fees charged for treating private patients have surged by staggering amounts between 2018-19 and 2023-24. Average...
The Minister of Health has warned health insurers to focus on providing value to customers when they apply to increase their premiums over the next few weeks. Private health insurers are allowed to raise premiums once a year only, subject to government approval. Insurer applications for 2026 premium increases are due in November, with approved prices...
Some ACT residents are being hit with shock bills for public hospital treatment, new figures show. Following news this week that health insurance premiums for ACT residents may rise by at least $180 next year, an analysis of billing records has revealed the high Gaps being paid for Canberra hospital treatment. Data from Private Healthcare Australia...
With public hospitals under strain, health insurers are paying out greater sums for private patient treatment, new data shows. Quarterly health insurance statistics released by the Australian Prudential Regulation Authority, which regulates the industry, showed a significant increase in the amount paid for Hospital Cover claims in the June 2025 quarter. Health insurers paid $4.98 billion...
New data from the Australian Tax Office shows that the number of people being charged the Medicare Levy Surcharge (MLS) has almost quadrupled over 6 years. Data found 768,537 Aussies paid the MLS in the 2022-23 financial year, up from 196,807 in 2017. An article in The Australian says the increase is due to rising wages. The...
Australians treated with natural therapies may soon be able to claim rebates on Extras Cover. Following a review completed last year, the government has reinstated 7 of the 16 natural therapies that were removed from private health insurance cover in 2019. The health insurance industry is now developing framework to cover: Private Healthcare Australia, the peak body for...
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It’s a question we’re asked often at healthslips.com.au: what’s the cheapest health insurer in Australia? There is no definitive answer because everyone’s health and insurance needs are different. But if you’re trying to save money on health insurance, here are some tips to help you find the most affordable insurer for your unique needs. 1. Focus on policies, not insurers When you’re looking for the cheapest health insurance, instead of focusing on insurer brand, focus on...
If you’ve got Extras Cover, you might be covered for the cost of vaccinations, but the type of shots you can claim and the amount can be wildly different. Let’s look more closely at cover for vaccinations on health insurance. Are vaccinations covered by Medicare? Yes, if a vaccination is recommended for your age group or circumstances, the cost is free under Medicare....
If you’re looking for a new Hospital Cover policy or upgrading your current policy, you’ll need to decide what private health insurance tier you need. There are 4 tiers of Hospital Cover: Here are the 3 steps to choose your Hospital Cover tier. 1. Decide on your healthcare needs Make a list of the hospital services, (known as clinical categories), you might need in the near future – especially if you want the option of being treated privately for those procedures. Take into...
If you’ve found yourself googling ‘How much do dentures cost?’, you’ll know that dentures in Australia are not cheap. Fortunately, you can use health insurance for denture costs, although there are some conditions. Here’s what you need to know about claiming dentures on private health insurance. How much do dentures cost? The cost of dentures in Australia depends on your dentist, the process required, the material used and the type of...
Waiting for hernia surgery can be a long, and potentially painful, process. The latest data from the Australian Institute of Health and Welfare shows that the median wait time for hernia surgery was 77 days (around 2.5 months). But that’s only an average – around 6% of people waited more than a year for their surgery. With waits like these in the public system, you might be wondering whether it’s worth...
There are literally thousands of health insurance policies available in Australia (64,252 open policies as at 2 December 2025, to be exact). So if you think your health cover isn’t quite hitting the mark, you have tonnes of alternatives. Staying with a policy that isn’t right for you means you’re throwing money down the drain, and potentially leaving yourself without sufficient cover when you need to claim for health treatments. So, how do you know if you’ve got the...
If you’re likely to need surgery this year, you could be in for a long wait. Although your surgery will be free under Medicare in the public health system, there may be a lengthy wait for non-urgent procedures. Of course, if you have health insurance, you can be seen quicker as a private patient, but that doesn’t necessarily mean your surgery will be free. Depending on your policy, and the doctors...
If you wear glasses or use contact lenses, you’ll know Extras Cover can be a handy way to bring down those costs. And even if you don’t need glasses right now, having optical cover can be useful as you age. Optometry Australia says our eyes lose the ability to focus on near objects from around...