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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If you have wisdom teeth that need to be removed, you could be facing a painful experience for both your mouth and your wallet. Dental treatments are generally not covered under Medicare so health insurance can help with your costs – but there may be large out-of-pocket costs. Here’s what you need to know about using health insurance for wisdom teeth removal. How much does wisdom teeth removal cost? Wisdom teeth removal...
Whether you’re a runner, an office worker or anyone experiencing stiff muscles, regular remedial massages might make a big difference to how your body feels. And if you have health insurance, you might be able to lower your massage costs – depending on your policy, and the massage therapist. Here’s how to find the best health insurance for remedial massage. Does health insurance cover remedial massage? Yes, Remedial Massage is covered on Extras Cover,...
If you’re looking for a permanent form of male contraception, vasectomy is one option to consider. A vasectomy is a surgical procedure which involves cutting the tube connecting the testes with the penis. Here’s how much a vasectomy costs, and whether you can use health insurance to cover the procedure. How much does a vasectomy...
If you’re living with your partner, you might consider joining your health cover into one policy. But while a Couples policy might simplify your household expenses, it won’t save you any money. In fact, having separate Singles policies might work out cheaper. Here’s why…. Is Couples health insurance cheaper than Singles? No. One health insurance...
When your parent, or parents, need additional care to stay well, your family will face a lot of decisions. Amid these changes, you might be wondering about private health insurance for elderly parents – whether it’s needed, and where to find the right policy. Here are the answers to the most common questions about choosing...
If you find wearing glasses or contact lenses annoying or impractical, laser eye surgery might seem like the right decision for you. According to Optometry Australia, around two-thirds of Australians wear prescription glasses and 13% wear contact lenses. If you’re among that number and your optometrist has suggested laser surgery, there’s lots to weigh up...
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...
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...