Health premium on the rise? Here’s how to bring it down.
Three things to look for when choosing new health cover that can bring down your premium
Dramatic price hikes to health insurance premiums over the last decade have pushed Australians to the brink of frustration. With premiums up by more than 50 percent since 2009—three times the rate of inflation—consumers are desperate for affordable health cover.
Fortunately, it’s still possible to find a better deal on health insurance, and it doesn’t mean giving it up altogether or slashing your benefits. To push down health cover costs, Australians are more keen than ever to shop around with HealthInsuranceComparison.com.au.
The free online service helps users find cheaper health cover without sacrificing quality. Many people are able to find a similar policy for less; in fact, some customers realise that they’ve been overpaying on their health insurance due to a policy that doesn’t suit their lifestyle.
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.
Comparing policies is an opportunity to cut costs and make sure your policy is a good fit. Here are a few things to consider when switching policies that could help you save even more money:
Type of plan
If you’ve been on a family plan for years but your kids have moved out, it might be time to look at changing to a couples or an individual plan. On the same token, two individual plans can sometimes be cheaper than a couples plan. Don’t worry if this sounds confusing—a consultant will be able to do the searching for you.
Don’t use it? Don’t pay for it. When you compare policies through Health Insurance Comparison you’ll be able to select only the extras you want, and avoid paying for the ones you don’t.
Prepay for a discount
If you can swing it, consider paying your annual premium upfront. Not only does this lock in your price and get the health cover bill out of the way, but many insurers offer a discount for early payment.
Switching policies is easy and can be done in very little time, so you can start saving straight away. Remember that when you switch to a policy with equal or lesser cover, you are not required to re-sit any waiting periods.
Customers wishing to avoid a premium rise still have time to compare policies and secure an affordable policy. Visit HealthInsuranceComparison.com.au to find out how much you could save on your health cover.
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.