Over 50s already pay some of the highest health insurance premiums in Australia, and the 3.73% average premium increase on April 1*, 2025, only added to the burden.
But help is at hand - there are government rebates out there that could save you hundreds of dollars per year on your cover. For eligible Aussies, the starting cost of a combined hospital & extras policy is $19.58 per week (or $2.80 per day)** once the rebate has been claimed.
The Government will now pay up to 32.4%*** of your policy depending on your age, income level, marital status, and cover history. If you’re not claiming this rebate you could be leaving hundreds of dollars on the table every year.
Talk to an advisor now and find out if you’re eligible for the rebate and find out how much you could be saving.
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.
No, it’s not a scam. And no, it’s not magic. In fact, it’s incredibly simple. You tell us what types of cover are important to you (often things like hip and knee replacements, dental and optical) and what types of cover aren’t important (often things like pregnancy, IVF, and orthodontics). Then we go out and try to find you a policy^ without any ‘fat’ – just one that meets your requirements.
“Over the years, I’ve spoken to hundreds of hardworking Australians who were unknowingly paying for cover they didn’t need”, says Andrew Davis, Co-CEO of HealthInsuranceComparison.com.au. “It’s not at all uncommon to speak to people in their 50s, 60s, and beyond, who are still paying for things like pregnancy cover, orthodontics, and IVF”.
In the last ten years, we saved the average Aussie $295^ by helping them stop paying for cover they don’t use. It’s as simple as that. And we don’t charge any hidden fees or mark up the cost of our policies – they all come directly from the insurers themselves.
We handle all the switching paperwork for you, so you won’t need to have any awkward conversations with your old fund. And all our policies come with a 30 day cooling off period, so there’s no need to worry about buyer’s remorse.
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.
* Australian Federal Department of Health, 26 Feb 2025
**The daily and/or weekly figures are accurate as of 1 May 2025 for a single 70 yo member in NSW with basic hospital and extras cover, assuming the full government rebate is claimed and no Lifetime Health Cover loading applies. Premiums may vary in other states.
^$295 based on 239,107 sold over the past 10 years (From 2015 to 2024).
^^ Health Insurance Comparison compares selected products from a panel of trusted insurers. We do not compare all products in the market.
By Audrea B
Last Updated 2 Jun 2025
Health insurance premiums rose by an average of 3.73% on 1 April. But you can still get cover from just $19.58 a week.
In 2025, the Australian Government is rebating up to 32.4% of the cost of your health insurance policy depending on factors like age and income level. We can help you figure out how much rebate you’re entitled to.
Australia: We saved our average customer $295^ on their average annual premium.
Policies start from just $2.80 per day!
Select your age and
compare now!
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*$295 based on 239,107 sold over the past 10 years (From 2015 to 2024).