New Comparison Service Allows Older Australians to Save Big on Their Health Insurance

In combination with health care funding cuts, 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 save your pennies, and it’s easier than you think.

New comparison service HealthInsuranceComparison.com.au is shaking up the health insurance industry 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.

The service comes as many mature 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% in April 2018, following a series of similarly high year on year increases since 2010.

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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.

Choose your life stage.

I’m looking at health cover for…

“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 a Health Insurance Comparison spokesperson. “We’ve designed 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.

It’s all personalised too. When you first arrive at HealthInsuranceComparison.com.au you’ll be asked for some basic details like your family type and home state. The system then searches its extensive database of policies to show you policies targeted to your needs, side by side so you can make an informed choice.

Since launching, thousands of Australians have already jumped on board. Over 20,000 Australians used HealthInsuranceComparison.com.au to compare health insurance in March this year, citing saving money as their number one reason for using the site.

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

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