What is the health insurance rate rise and why should you care?
This is an unusual year. Due to COVID-19, April’s annual health insurance premium increase was postponed. But it’s still due to go ahead on 1 October 2020, which means your premiums are likely to increase at a time when, more than ever, every cent counts.
April’s premiums were scheduled to go up by an average of 2.92%, although some funds were planning on increasing premiums by as much as 5.63%.
So if you feel like you’re paying too much, join thousands of smart Aussies in comparing and switching to cheaper health insurance policy, without compromising on your cover. Click below to get started.