The number of Australians paying the Medicare Levy Surcharge at tax time continues to rise. New data from the Australian Tax Office shows the number of people who paid the Surcharge jumped from 768,537 in 2022-23, to 885,087 in 2023-24 – a 15% increase. The Medicare Levy Surcharge (MLS) applies to people who earn above the ATO income threshold and do not have Hospital Cover covering all members of their household. The thresholds...
Health insurance regulations mean top-level cover has increasingly become unaffordable for many Australians. That’s the finding in an Actuaries Digital article, which suggests that the 4 tiers – Basic, Bronze, Silver and Gold – should be restructured. The number of Australians with Gold tier policies has dropped from 95% in 2005 to just 30% in 2026, due to younger claimers being concentrated on expensive Gold policies. This means many people do not have access to services such as private maternity cover, assisted reproductive services...
Australians with health cover are paying larger out-of-pocket costs for private treatment than ever, new data shows. The average Gap for private hospital treatment has climbed to $511.02 – an increase of 8.4% from the previous quarter, according to the latest statistics from government regulator APRA (the Australian Prudential Regulation Authority). Average Gaps for Extras Cover have increased to $65.02 – a 3.4% rise. Orthopaedic procedures remain the most expensive when it comes to out-of-pocket costs, with...
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...
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Sorry to be the bearers of bad news, but from 1 April 2026 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...
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,...
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...
You’re probably reading this because you need health insurance, or you want to change your current health insurance policy and do it in the most time-efficient and cost-effective way possible. You’ve come to the right place. Health insurance comparison websites are a convenient way to find the policy you need, at the best price – but...
Health insurance can be confusing, but healthslips.com.au is here to help you understand the ins and outs of private health cover. Here we answer some of the most common health insurance questions. Q. Do I need private health insurance? Thanks to Medicare, you’ll always be able to get free treatment in public hospitals in Australia, regardless of whether...
In June 2023 we proudly launched healthslips.com.au, a new health insurance comparison site. It builds on everything we’ve learned at greenslips.com.au, our NSW CTP insurance site. Find out how our new private health insurance information and price comparison service will help you make informed choices.greenslips.com.au is the go-to site for CTP insurance For more than 20...