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.

It can depends on many factors. If you’re after higher hospital gap cover, you may want to choose a health fund thats is apart of Access Gap Cover or a health fund that pays more back for extras like 50%, 60% or 70% of the bill. Unfortunately, each persons needs are different and so their best health fund option is also different.

Reducing your cost of private health insurance is a lot easier than you think.
A few simple ways would be to compare against some of Australia’s top funds and see a like for like equivalent. The next would be to make some slight alterations like removing some services that you don’t use all the time which can reduce your cost. And another would to increase your hospital excess to lower your monthly cost - the excess is only payable once a year per adult on a hospital policy so you can easily calculate the savings vs the increase excess.