Sponsored The new order: How to save on private health cover in 2018

The new order: How to save on private health cover in 2018

Save hundreds on your yearly premium with Health Insurance Comparison. Photo: Health Insurance Comparison
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For the majority of Australians, health insurance is an essential purchase.

But in 2018 it’s one that is becoming increasingly unaffordable. Year on year, as prices increase, the new order of value-for-money health insurers is decided, and loyal customers get left behind.

This year, premiums rose by an average of 3.95 per cent across all the health funds in Australia. But your fund won’t have told you that the price of some individual policies was actually reduced.

Our independent analysis has shown that the cost of some policies actually decreased by 2 per cent, while others rose by as much as 12 per cent.

At the same time, in spite of premium increases, some funds simply remain cheaper than others.

The constant reordering of value-for-money health funds has created an industry that only rewards active shoppers.

Because while prices simply rise for the loyal customers stuck on outdated policies, funds regularly offer new and better policies to bring in new customers. It’s a system that relies on loyal customers believing that it’s too hard to switch.

But not only are there no lock-in contracts with health insurance, the industry is actually designed to make it easy to move to a better deal.

To start, it’s simple to compare your cover. When it comes to changing funds you’re entitled to keep the waiting periods you’ve already served, along with a refund of any premiums you’ve paid in advance.

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.





We know how difficult it can be to make sense of the huge range of health insurance policies that are available.

Part of our service is our commitment to making your health cover savings quick, simple and effective. Giving you all the tools you need to make affordable health cover a reality.

When our customers come to us they get more than a comparison. They also benefit from our advisers’ years of expertise in comparing health funds.

They know of the traps Aussies often fall into, including paying for services they’re unlikely to use at different stages in their life.

We know that you might be worried about having to re-serve waiting periods or about what they could lose by switching. But the reality is that if you’re not reducing your level of cover you don’t have to resit waiting periods, and it’s actually far easier than you think to pay less and get more.

With the help of our advisers it’s never been easier to understand what you’re paying and why.

You can compare your current level of cover to similar policies and see exactly what you could be saving, all at no cost to you.

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

Almost half a million Aussies chose HealthInsuranceComparison.com.au to help them compare health cover last year, citing saving money as their No.1 reason for using the site.

This time last year Aussies saved an average of $320.09 off their yearly premium. You can join them with just a few clicks. Hurry! Your health cover savings are just minutes away.

For more information, visit Health Insurance Comparison today