Painfully Concerning: Australian Seniors Deeply Worried By Spiralling Out-of-pocket Health Costs

Health insurance for older Australians is predicted to skyrocket by nearly 66% over the next decade, according to National Seniors Australia^, and the over 60s are already feeling the pinch.

Two premium increases in six months, rising out-of-pocket expenses and a reduction in rebates has seen baby boomers flock to sites like Health Insurance Comparison in order to save hundreds on their overpriced cover.

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Paying too much?

Australia: We saved our average customer $320* on their average annual premium! Select your age and see how much you could save!

*Average savings based off over 110,000 customers between 2018-2021

April 2021’s premium increase is a bitter blow for older Aussies who may be already getting poor value from their health funds.

The University of Sydney has found that the top tier health policies that many over-60s hold may not actually produce a better quality of care**.

Take back control of your health costs

That’s why Health Insurance Comparison has been working tirelessly to help older Australians cut health insurance costs without compromising on cover.

Customers who compared with us last year saved $312* on average on their annual premiums. You can find out how much you’ve been overpaying by clicking here.

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 over 110,000 customers between 2018-2021

*Average savings based off 25,311 customers in 2020.
^ National Seniors Australia, Spiralling out-of-pocket health costs biggest worry for seniors.
** National Seniors Australia, Health care costs skyrocketing

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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