Are you ready for the rate rise?
Australians are bracing themselves for another massive health insurance increase next April, with some reports suggesting it could be as high as twice the rate of inflation.
This is partly due to the recent failure of Health Minister Greg Hunt’s deal with the medical devices industry to lower costs as promised.
As always, the people who really suffer are the Australian public, who will have the excess costs, passed onto them through higher premiums.
How much is too much?
On average health insurance has risen by 52.01% over the past 10 years, with some health funds having increased by up to 63.33% over the same period.
This means that if you were paying $300 for a top level of family cover in 2010, you could be paying $456 per month or more, for the exact same policy!
What can you do?
Unfortunately, the health funds are not going to lower their premiums any time soon. But you can take back control of your situation by comparing with one of Australia’s most trusted comparators.
Health Deal has a range of health funds to compare against, and we genuinely do not care which one of them you go with.
It’s all about find YOU the best deal possible from our panel.
Comparing is super easy, the consultant will just ask you a few simple questions around your cover, to see what you use & don’t use, and then they’ll scan all over our options and choose a policy which will try to do two essential things:
- Lower your monthly premium
- Increase your benefits
Fill in your details below to see how much you can save