If you’re over 50 and living in New South Wales, you’re part of a community known for its savvy money management. While costs may be climbing, many NSW seniors are finding intelligent ways to trim their expenses and boost their savings. One area that has proven to be a goldmine for savings is health insurance.

Health insurance is vital, offering protection against unexpected medical emergencies and necessary treatments. However, have you considered the savings potential in scrutinising your health cover and comparing it against various health fund providers?

The Power of Savvy Comparisons

Health Deal sales data reveals a compelling trend among Aussies in NSW over the age of 50. Those who’ve taken the plunge to switch their health insurance cover with alternative health funds are averaging savings of $278 per year*. That’s an impressive saving that can help stretch your budget further!

These savings don’t involve a compromise on quality, but rather, a smarter approach towards your health cover. By comparing health insurance, you can identify and trim off the excess costs, retaining a policy that’s tailored to your individual needs.

Savings with Major Health Funds

In the beautiful state of New South Wales, the three biggest health funds are HCF, Medibank, and Bupa. If you’re a policyholder with any of these funds, the savings could be even more significant.

Customers of Health Deal, who switched from these major funds, reported average annual savings of $296 for HCF customers, $393 for Medibank customers, and $291 for Bupa customers. These impressive figures demonstrate the true power of informed comparison and smart decision making.