April 1st 2025
Health Insurance Price Hike
Most Australians Are About to Pay More for the Same Cover—Are You?
Key Facts:
On April 1, 2025, private health insurance premiums will increase by an average of 3.73%. Some funds are hiking prices by as much as 9.56%—without improving your coverage.
Your policy may be going up by much more than your health funds average, we’ve seen some policies go up by.
The best way to beat the rate rise is to switch funds or pay your annual premium - if you want to do either of these, use our free service to check. Click Here To Compare
How Much Is Your Health Fund Increasing Prices?
Not all funds are raising prices equally. Here’s how much some of Australia’s top health funds are increasing their rates:
Police Health – 9.56%
nib (including partner funds) – 5.79%
BUPA – 5.10%
HCF – 4.95%
Medibank (including ahm) – 3.99%
What Can You Do to Beat the Increase?
Stop overpaying for things you don’t need…
At Comparify, we help Australians trim unnecessary extras, compare policies, and switch to a better deal—without having to re-serve waiting periods.
Here’s How It Works:
We analyze your current policy—what you need vs. what you’re paying for.
We find ways to cut costs—without sacrificing important benefits.
We do the legwork for you—switching is seamless and stress-free.
41% of Australians Are Letting Their Health Fund Decide Their Price
41% of Aussies auto-renew their policy every year—without checking if they’re overpaying. That’s exactly what health funds want.
You don’t have to accept the increase.
See what you can save today by clicking here.
You Still Have Time
Your health insurance premium is increasing on April 1, but you still have plenty of time to review your policy against all other health funds.
Want to compare yourself?
Go to www.privatehealth.gov.au
Click Compare
Search for different options and compare them side by side
If you would like us to compare your current policy, side-by-side, with our partner funds, click here.
(it’s a free service and only takes 15 minutes)
| Health Fund | 2025 Increase |
|---|---|
| ACA | 3.16% |
| AIA | 5.70% |
| Australian Unity | 4.89% |
| BUPA | 5.10% |
| CBHS Corporate | 3.90% |
| CBHS | 2.84% |
| Defence Health | 3.30% |
| Doctors' Health | 3.48% |
| GMHBA | 2.44% |
| HBF | 2.80% |
| HCI | 2.94% |
| HIF | 1.91% |
| Health Partners | 3.43% |
| HCF | 4.95% |
| Hunter Health | 2.93% |
| Latrobe Health | 2.89% |
| Medibank (including ahm) | 3.99% |
| Mildura | 3.69% |
| onemedifund | 2.94% |
| Navy Health | 2.85% |
| nib (including partner funds) | 5.79% |
| Peoplecare | 3.54% |
| Phoenix Health | 2.43% |
| Police Health | 9.56% |
| Queensland Teachers' Union Health Fund | 3.45% |
| Reserve Bank Health Society | 3.17% |
| St Luke's | 2.88% |
| Teachers Health | 2.94% |
| Westfund | 3.40% |
| Industry Average | 3.73% |
What Our Customers Are Saying
FAQs
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There are no waiting periods when switching health insurance funds, providing you have already served the waiting periods with your previous fund. However, if you’re upgrading and adding services on, you will need to serve a waiting period for the upgraded services.
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It depends on multiple factors and comes down to your individual needs. If you use hospital cover regularly, you might prefer a fund that has better hospital gap cover in your state. If you use extras only a few times per year rather than every month, a percentage based rebate with a lower annual limit may work better for you. Your own needs will determine the best fund and policy for you.
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You can reduce the cost of your private health insurance a few simple ways.
Increasing your hospital excess, splitting your policy with your partner if your needs are vastly different, removing clinical categories you don't need, only covering extras you use regularly, finding a health fund offer for new members. It's best to compare to ensure you are on the right level of cover, with the right fund. -
There are health funds that offer better gap cover than others depending on your state. If you're with a health fund that's part of Australia's largest gap cover arrangement called Access Gap Cover, your surgeon may decide to opt-in to their gap cover arrangement, meaning your out of pocket cost is either Known Gap ($500 cap per procedure) or No Gap (no out of pocket). It's important to check with your surgeon and ask if they will opt-in to your health funds gap cover arrangement.
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Gold hospital cover has no excluded or restricted clinical categories. This level includes Pregnancy and Birth, Surgical Weight Loss and Psychiatric Treatment in a private clinic. If these clinical categories are not required, then you would be more suited to a lower level of hospital cover like Silver Plus. A common misconception is that Gold cover pays more or guarantees a private room, but this is not true. If you're on Bronze hospital cover or Gold hospital cover and have the same surgery done, the payout amount is exactly the same.