The cost of raising children continues to rise, with policies for families among the hardest hit in the latest health insurance premium increases.Analysis by health insurance comparison site healthslips.com.au found increases to Family and Single Parent policies have risen higher than policies that don’t include children.The government announced health insurance premiums would rise by an...
Senior Australians are facing a double whammy of health insurance cost rises, putting extra pressure on wallets during the cost-of-living crisis. Changes to the Private Health Insurance Rebate, coupled with high premium increases to policies that meet health needs of people over 65, mean senior Australians will be hit doubly hard by new health insurance changes. Currently the Private Health Insurance Rebate reduces premiums for people on low incomes by up to 24.288%, with reductions...
Health insurance premiums will increase by an average of 4.41% on 1 April, but some Australians are already experiencing bill shock after finding their policies will increase by as much as 10.74%. In the past few weeks policyholders have been notified by health insurers about their premium rises on 1 April 2026 and in some cases, the increases are significantly higher than 4.41%. Analysis by health insurance comparison...
Out-of-pocket fees for Australians with health insurance have risen, new data shows. Statistics from health insurance industry regulator APRA reveal average Gaps for hospital treatment rose by 7.7% in 2025, from an average of $437.61 to $471.29. Gaps for Extras Cover claims were up 5.6% from an average $59.53 to $62.87. Despite the increased Gaps and the cost-of-living crisis, Australians are holding onto their health insurance policies. There was no change to...
The government has approved a 4.41% average health insurance premium rise for 2026 – the highest increase in 9 years. Every year, health insurers must apply to the Minister for Health and Ageing to raise premiums. Last year’s average increase was 3.73%, while the 2017 average was 4.84%. Policyholders will be advised of their premium change over the coming weeks, with new premiums effective from 1 April. The Private Health Insurance Rebate will also be reduced from 1 April...
Increased out-of-pocket costs for specialists are leading many Australians to delay or cancel specialist care, a recent study has found. A survey of 4,000 people by Private Healthcare Australia – peak body for the health insurance industry – found that 55% of people received a higher specialist bill than expected in the past 3 years, and almost one in 3 people had delayed or cancelled specialist care due to costs. The survey – which included 2,300 people...
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...
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If your household is under financial pressure, you’re not alone. Amid the rising cost of living, many of us are looking for ways to cut spending, including reducing health insurance costs. Of course, one of the best ways to reduce the cost of your health insurance premiums is to look for a cheaper policy – and...
Sorry to be the bearers of bad news, but from 1 April 2025 onwards, you’ll be paying more for health insurance. At a time when many households are under financial pressure, this development is probably not welcome. The good news is, there are some cost-saving options available to you. Let’s look more closely at the health...
For one in six Aussie couples who have trouble conceiving, the road to parenthood can be full of stress and heartbreak. Making matters worse, fertility treatments can be eye-wateringly expensive, putting many couples under financial stress. It’s little wonder many start to consider health insurance that covers fertility treatment.While the cost of fertility treatment varies wildly...
How much time do you spend thinking about your health insurance? If you’re like most Australians, the answer is probably: not a lot. Health insurance tends to be something we purchase then mostly forget about, until we need to use it. But considering how much of your income goes on health insurance, it’s a good...
If doing more exercise is a priority for you, well done for taking care of your health. Being physically active is proven to boost self-esteem, energy and sleep quality, and can also help you manage stress and depression. Plus, when you make exercise a regular habit, you’ll lower your risk of chronic diseases such as...
Maybe you’re considering getting health insurance for the first time but unsure whether it’s worth the money. Maybe you’re looking at the amount you’re spending on health insurance and wondering whether you’re getting enough value from it. Whatever your reason for querying the value of health insurance, it’s a worthy question. We asked Professor Luke Connelly,...
Every year thousands of Australians set new year resolutions to improve their lives in the coming year, and 2026 is no exception. For many of us, those resolutions involve wellbeing goals, but other people might choose to focus on better financial choices, or improvements in other areas of their lives (or all of the above). If...
If there’s one question about private health insurance that people ask more than any other, it’s this: what’s the difference between Hospital Cover and Extras Cover? And then they ask: do I need both? No one wants to pay for something they don’t need, so healthslips.com.au is here to give you all the accurate information you...