Private Health Insurers

Health insurer promotions include discounts, services, waivers, gifts or other offers that may be used by health insurers to appeal to new customers or incentivise existing customers.   There are 2 types of insurer promotions which may reduce the price you finally pay for your policy. These include:   For new customers: up to the equivalent of...

Health insurance from a well-known brand is not necessarily better than a lesser-known brand, since all health insurers are subject to the same government regulations. However larger insurance brands do have access to larger networks of healthcare providers and hospitals which may be beneficial for members.   All health insurers in Australia are regulated by the...

Most health insurers allow you to pay your premiums 12 months in advance, and a few allow payment up to 18 months ahead.  Contact your insurer to ask how far in advance it allows payments. 

The way you pay for health insurance could mean your insurer offers you reduced premiums of up to 12% per year on an ongoing basis. This may apply if you meet certain payment conditions, such as: 

Generally, the term white labelling refers to the situation where products and services are made by one company but are sold by another company.  This involves asking a company to make a product for you and then rebranding those products as your own and marketing them to your target audience. For example, a hairdresser enters...

As at 30 June 2023, 5 insurers controlled over 80% of the Australian market.  Insurer Market share Medibank (including ahm) 27.1% Bupa Health Insurance 24.9% HCF 12.5% nib 9.6% HBF 7.7% TOTAL 81.8% Source: Private Health Insurance Ombudsman: State of the Health Funds Report 2023

As at February 2025, there were 30 registered private health insurers in Australia.  These insurers are licensed by the Australian government to sell private health insurance. They are regulated by the Australian Prudential Regulation Authority (APRA). An insurer must be registered to sell Private Health Insurance in Australia. Some of these are open funds. Others...

In this Guide, we list all the private health insurers operating in Australia and explain how they are regulated. In Australia there are several different types of health insurers: This Guide is designed to help you find everything you need to know about private health insurers so you can make an informed decision about which...