Private Health Insurers

A restricted insurer is open to members of a particular profession or workplace only. You can join a restricted insurer only if you fall into the specific category of people covered by that insurer.However, family members are usually eligible to join these restricted insurers.As at February 2025, there were 13 restricted insurers in Australia.  No.  Insurer...

An open insurer or health fund is open to the general public, rather than offering membership to a particular profession or workplace only.Anyone in Australia who has a Medicare Card can join an open insurer and take out private health cover.As at February 2025, there were 35 open health insurers in Australia.  No. Insurer 1....

What are the registered insurers?As at February 2025, there were 30 registered private health insurers in Australia, including open insurers and restricted insurers. What are open funds?Anyone can take out a health insurance policy with an open fund.What are restricted funds?Only certain groups of people can take out a health insurance policy with a restricted fund....