Ageing Baby Boomers Are Missing Out On Health Insurance Savings Every Year

Monday, October 16, 2017 Last Updated on 9 May 2018

For many mature Australians, the cost of private health insurance is rising year on year, but most don’t realise that they could be paying significantly higher prices for services they will never use. Along with government health care funding cuts on July 1st, 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 make big savings, and it’s easier than you think.

“ Mature Australians could be losing hundreds of dollars in savings per year if they fail to compare and update their cover. ”

Here’s How You Do It:

Step 1: Click on 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.

Ground breaking comparison service HealthInsuranceComparison.com.au is giving Aussie families a fighting chance 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 older Australians are feeling increasingly stung by the perpetually rising cost of private health insurance in Australia. Health insurance premiums rose by a staggering 4.8% in April this year, following a series of similarly high year on year increases since 2010.

“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 Founder Jonathan Leane. “We’ve created 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 customised 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 happy Aussies have already jumped on board. Over 40,000 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.

HealthInsuranceComparison.com.au is a trusted online service that makes comparison shopping for vital health insurance easy. With the click of a button, they can help you find an affordable policy by stripping away the cover you don’t use, while saving you money on what matters to you.

Too many Aussies keep putting off comparing their health insurance – don’t let this be you. Get a comparison today and start enjoying the savings.

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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.