In this Guide, we explain the Age-based Discount, which is one way the Australian government encourages younger people to take out private health insurance.
If you are under 30 and your insurer offers the Age-based Discount, you can reduce the cost of your Hospital Cover.
Depending on your age, you could receive a discount of up to 10% until age 41.
This Guide will help you work out whether or not you are eligible for the Age-based Discount and how much you could save on the cost of Hospital Cover.