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Ageing baby boomers are missing out on health insurance savings every year

Mature Australians could be losing hundreds of dollars per year if they fail to do this.

Mature Australians could be losing hundreds of dollars per year if they fail to do this. Photo: Health Insurance Comparison

For many mature Australians, the cost of private health insurance is rising year on year, but most don’t realise that they could be paying significantly higher prices for services they will never use.

Along with government health care funding cuts on July 1, Aussie battlers are having to become increasingly creative with how they save on the household budget.

Thanks to a new comparison service there might still be one area where you can make big savings, and it’s easier than you think.

Ground-breaking comparison service HealthInsuranceComparison.com.au is giving Aussie families a fighting chance by offering consumers the power to compare big-brand health insurance policies side by side, saving them time and money as they make informed choices about their private health cover.

Here’s How You Do It

Step 1: Select your current life stage below.

Step 2: Once you select your preferred coverage options, you will have the opportunity to compare quotes from multiple health funds.

 

 

 

 

The service comes as many older Australians are feeling increasingly stung by the perpetually rising cost of private health insurance in Australia.

Health insurance premiums rose by a staggering 3.95 per cent in April this year, following a series of similarly high year-on-year increases since 2010.

“Health insurance is an overwhelming and expensive endeavour, and for many Aussies, they are paying exorbitantly high premiums for cover they will never use. For example, many couples with children who have left the nest are still paying for family cover,” says founder Jonathan Leane.

“We’ve created HealthInsuranceComparison.com.au to simplify the comparison process and make sure our customers only pay for services they need.”

Using the service, Australians can compare multiple health insurance brands, cover options and pricing all in the one place.

The service saves time, but the biggest benefit for most are the dollar savings – in fact, their customers saved an average of $375.44 on their yearly premium last March.

Since launching, thousands of happy Aussies have already jumped on board.

More than 40,000 Australians used HealthInsuranceComparison.com.au to compare health insurance in March, citing saving money as their No.1 reason for using the site.

HealthInsuranceComparison.com.au is a trusted online service that makes comparison shopping for vital health insurance easy.

With the click of a button, it can help you find an affordable policy by stripping away the cover you don’t use, while saving you money on what matters to you.


For more information, visit Health Insurance Comparison today

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