The great health insurance gap fee rip-off hitting older Aussies in the pocket

Did you know that out-of-pocket expenses for hospital treatments have risen by a whopping 5.1% over the past 12 months?* That means even if you have health insurance, you’re paying, on average, more than $319 in gap fees across all hospital treatments.

Even worse, it’s older Australians who are more likely to use hospital services that are being hit hardest by these rising costs. It’s time to take matters into your own hands by finding hospital cover that minimises gap fees. Start today with Health Insurance Comparison.

Paying too much?

Australia: We saved our average customer $312* on their average annual premium! Select your age and see how much you could save!

*Average savings based off 25,311 customers during 2020

Older Aussies are feeling the heat of rising gap fees

Industry regulator APRA’s latest statistics on private health insurance is bad news for older Australians. Some common hospital treatments – such ear, nose and throat, and urology – have a whopping average gap charge of 27%.

That’s a significant out-of-pocket cost for hospital treatments on top of what you’re already paying for your health insurance.

It’s not surprising that older Aussies are left wondering why they have to pay for gap prone health insurance as well as fork out for treatment they should have already been covered for.

But you can take action. Many health insurers offer “no gap” schemes that eliminate out-of-pocket hospital expenses. The first step to finding cover that doesn’t leave you with a big medical bill is to compare policies.

How we can help you cut costs

At Health Insurance Comparison we specialise in finding and comparing hospital cover policies for older Australians. We hunt down affordable cover from our panel of insurers so you can reduce your risk of getting hit by gap fees.

What’s more, customers who compared and switched with us in 2020 saved an average of $312 on their health insurance. That’s money back in your pocket.

Don’t wait for the inevitable further increase of gap fees. Do what you can to avoid getting hit with out-of-pocket expenses when you need hospital treatment. Take action today and compare policies now.

Get Started Now:

Step 1: Select your state below .
Step 2: After answering a few questions, you will have the opportunity to compare quotes in your area and could be eligible for significant savings.

Choose your area.

Which area are you in?

*Average savings based off 25,311 customers during 2020

Minimise potentially being hit with rising gap fees and find the hospital cover that’s right for you. Compare today with Health Insurance Comparison.

*APRA Quarterly Private Health Statistics, 17 November 2020.
** Based on 25,311 customers in 2019.

This article is opinion only and should not be taken as medical or financial advice. Check with a financial professional before making any decisions.

Get Health Insurance quotes from some of Australia's Top Providers

Compare some of Australia's top health insurers with one simple form.

Get My Health Insurance Quotes
Request a callback close

Our experts can provide you with free personal advice. Let us call you.