The government has announced it will investigate health insurers for using a loophole to raise their prices. In December last year, Minister of Health Mark Butler warned health insurers to stop ‘phoenixing’ policies after a Commonwealth Ombudsman report brought the practice to light. By law, health insurers can only raise prices once a year, but...
Most Australians will pay more for health insurance next week due to a reduction in a rebate designed to make health cover cheaper. Cuts to the Private Health Insurance Rebate take effect on April 1 at the same time as most policies are increasing in price by an average of 3.7% – which adds up...
Out-of-pocket payments for Private Health Insurance claims continue to rise, putting more pressure on Australian households during the cost-of-living crisis. New data from Australian Prudential Regulation Authority (APRA), which regulates the health insurance industry, found a 7% increase in Gaps paid for Hospital Cover claims for the quarter finishing December 2024, compared with the same...
Health insurance will increase by an average of 3.7% in April – the highest premium increase since 2018. Every year health insurers are allowed to raise their premiums only once. This year, Minister of Health Mark Butler rejected insurers’ proposed increases (reportedly up to 6%) at least twice before agreeing on an average premium increase...
Australian private health insurers have been criticised for using a loophole to raise the prices of Gold Cover policies. This week the Commonwealth Ombudsman found evidence some insurers have been raising prices through ‘product phoenixing’ – closing existing policies to new customers, and creating almost identical policies at a higher price. As a result, new...
Australians with Private Health Insurance are paying higher out-of-pocket payments for hospital treatment than a year ago, new data shows. The latest statistics from Australian Prudential Regulation Authority (APRA), which regulates the health insurance industry, show out-of-pocket fees for private hospital treatment increased by 8% in the 12 months from October 2023 to September 2024....
If you’ve used health insurance to pay for surgery in a private hospital or clinic, check your bill to make sure you haven’t been charged a Gap incorrectly. That’s the advice from Private Healthcare Australia, the peak body for the health insurance industry, after allegations that some specialists (including surgeons and anaesthetists) have been ‘double...
A ‘health tax’ passed by NSW government last week means NSW residents could face higher premiums for health insurance in 2025. The new legislation means the state government can increase its existing tax on private health insurance if insurers do not agree to pay a higher ‘bed rate’ of $892 for private patients in public...
CEO and Founder
Chief Operating Officer
Chief Technical Officer
Writer and Researcher
UX/UI Designer
Brand and Graphic Designer
Led by Chris Payne
About HIF What is HIF? Health Insurance Fund of Australia (HIF) is a private health insurer that operates as an open health fund. Background HIF was established in 1954 as the Western Australian Government Railways Employees Hospital and Medical Benefits Fund Inc. It changed its name to the Health Insurance Fund of WA in 1978. ...
About HCi What is HCi? Health Care Insurance (HCi) is a private health insurer that operates as an open health fund. Background Established in 1938 in Tasmania, HCi is the oldest Tasmanian private health insurer and one of the oldest in Australia. HCi has over 10,000 members. Who can join HCi? Anyone can join HCi...
About HCF What is HCF? HCF is a private health insurer that operates as an open health fund. It is Australia’s largest not-for-profit health fund and claims to have almost 1.8 million members. Background HCF began as the Metropolitan Hospitals Fund, which was established in Sydney in 1932. Its original objective was to insure the...
About HBF What is HBF? HBF Insurance is a private health insurer that operates as an open health fund. Background HBF was established in Western Australia (WA) in 1941 and was originally called the Metropolitan Hospital Benefit Fund. Its objective was to help Western Australians pay the cost of hospital treatment. When it extended its...
About GU Health What is GU Health? GU Health is a private health insurer that operates as an open health fund. It focuses solely on providing health insurance products to corporates and provides over 300 businesses with health insurance products. Background GU Health used to be a wholly owned subsidiary of Australian Unity. In 2017,...
About GMHBA GMHBA is a private health insurer that operates as an open health fund. Background GMHBA was established in Geelong in 1934 when a group of workers from the Australian Cement Company set up the Cement Workers Hospital Benefits Scheme. Their objective was to ensure workers and their families could afford quality health care....
About see-u By HBF What is see-u By HBF? see-u by HBF (see-u) is a private health insurer that operates as an open health fund. Background Established in 1976, CUA Health was a subsidiary of Great Southern Bank, previously the CUA Credit Union. It is based in Brisbane. In 2021, HBF bought CUA Health, adding...
About Hunter Health Insurance What is Hunter Health Insurance? Hunter Health Insurance (by CDH Benefits Fund) is a private health insurer that operates as an open health fund. Background It was originally known as Cessnock District Health Benefits Fund (CDH Benefits Fund), which was set up in 1952 to provide coal miners with affordable health...