What to do when your health premium goes up

When the government puts health prices up, consumers find a way to bring them back down

The Health Minister recently agreed to raise health premiums by an average of 4.84 percent, a move that has Australians across the country wondering how they will be able to pay the bills.

This price hike translates to an average of $2 per week more for singles and $4 per week more for families.* These numbers may seem small when broken down, but they add up, especially when money is tight.

So is it a time to panic and get rid of health insurance altogether? Not if you are prepared to shop around. Regardless of the time of year or what the government is doing to the cost of healthcare, you may be able to save money by using HealthInsuranceComparison.com.au.

Comparing policies is like doing a health check on your health insurance, and it only takes a few minutes. Many customers are surprised to find that their current level health insurance can be procured at a lower price through a different insurer. Once you receive an online quote, a quick phone call with an insurance expert can help you get a good understanding about which policies might best meet your needs.

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.

“The consultant was able to provide better insurance cover tailored to my needs at a more competitive price,” reported one customer.

An estimated 13 million Australians* hold private health insurance, so it stands to reason that not everyone is looking for the same type of coverage. Those with more complicated requirements may be less motivated to shop around, because it can be a time-consuming process.

Fortunately, online technology has made it much easier to find the coverage you need, and you don’t have to do the work. That’s what a health insurance consultant is for—they will do the digging for you and take care of the paperwork.

Feedback on the service is overwhelmingly positive. “I had specific requirements for the health insurance I was after,” wrote one recent customer. “This service made it much easier to get the best product for our circumstances and was such a hassle-free option.”

When the government puts prices up, the burden unfortunately falls on the consumer to bring their prices back down. Don’t be discouraged by the thought of comparing health insurance; the process can be surprisingly easy and the cash you save with Health Insurance Comparison is a worthwhile reward.

*Sydney Morning Herald, Private health insurance premiums to rise by nearly 5 per cent, 10 Feb 2017

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.

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