Compare Health Insurance

Health Insurance Finder® helps you compare health insurance from 30+ funds in Australia.

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What is private health insurance?

Private health insurance helps with the cost of healthcare not covered by Medicare. Not all policies are created equal, so it's important to compare health insurance and find the best health cover for you. There are two main types of cover: hospital and extras.

How much does private health insurance cost?

The cost of private health insurance varies, but we crunched the numbers from 30+ Australian funds to see what you'll have to pay for hospital and extras cover per month, depending on the level of cover you choose.

TierAverageTreatments included
Basic$86
Bronze$100
  • 18 categories including joint reconstructions and ENT
Silver$150
  • 26 categories including dental and podiatric surgeries
Gold$193
  • 38 categories including joint replacements and pregnancy
Extras coverAverageIncluded benefits
Core$32
  • At least General Dental and Ambulance Cover
Medium$67
  • At least Major Dental, Optical and Physio
Comprehensive$116
  • Treatments like Orthodontics and Hearing aids

Prices quoted are based on a single 30 year-old in Sydney, earning less than $90,000 with a $750 hospital excess from June 2022. Extras categories used the same methodology as the 2022 Finder Health Insurance awards.

  • Did you know? Finder research shows that 32% of Australians wish they were on a higher level of health insurance.

Why compare health insurance with Finder?

  • We don't ask for your phone or email to see prices.

  • With 1 click, you can open your results to nearly every fund in Australia.

  • You pay the same price as going direct – we charge no fees.

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4 benefits of health insurance

Hospital
Choose your hospital

Plus, enjoy a private room while you're there. You can even choose your preferred doctor.
Waiting list
Skip waiting lists

Public lists can stretch months or years. Go private and be seen in days or weeks.
Percentage
Save on tax

If you earn over $90k, private hospital insurance can shave money off your tax bill. Easy.
Heart
Peace of mind

Rest easy knowing you're top of the list if things go wrong. You'll be back to normal in no time.
Couple looking at bills

Save on your insurance: June 2023

10 health funds have upped their prices since 1 April. Some 38% of health insurance customers are facing higher bills (as of 1 June). That's more than 5.5 million Australians.

The price increases make now a great time to look for better-value health insurance. The switching process between funds is simple. You typically won't have to re-serve any waiting periods.

See the latest health insurance deals for June 2023.

Learn more about private health insurance

Hospital Cover

Hospital cover helps pay for a range of hospital treatments in a private hospital. This can include joint reconstructions, hernia operations and childbirth.

Extras Cover

Extras cover helps towards out-of-hospital healthcare. This includes trips to the dentist, eye care by an optomotrists, physiotherapists and natural therapies.

Combined Cover

Combined cover includes both hospital and extras. These are either a paid of hospital and extras policies, or a unique, combined-only product.

Health insurance rebate

The private health insurance rebate makes health insurance cheaper for most people. Your exact rebate is determined by your age and income.

LHC

The Lifetime Health Cover loading (LHC) kicks in if you don't have private cover by age 31. You'll pay 2% extra for each year you're uninsured when you eventually get it.

MLS

The Medicare Levy Surcharge is an income tax of up to 1.5% for high earners. It's payable at tax tiem each year you don't have private health insurance.

Switching health funds

Switching health funds is quick and easy. You can transfer your waiting periods, while potentially saving money with new sign-up deals.

Annual Limits

Extras benefit limits place a cap on the amount you can claim. They typically reset every 12 months. A higher limit may mean a more expensive policy, but not always.

Waiting Periods

Waiting periods apply to both extras and hospital policies - you'll need to serve these before claiming a benefit. Some extras policies let you skip some waiting periods.

Find out how much you could claim back

If you earn under $140,000 (single) or $280,000 (couples), you're entitled to a rebate on your private health insurance policy.

Pop in a few of your details, including how much you've paid or expect to pay in premiums from 1 April 2022 to 31 March 2023. Find out how much you could get back.

Age
Income
$
Premium
$
Filing type
# of children

Estimated rebate:

Public vs private health insurance comparison

Not sure if private health insurance is worth it? Here are some key differences between the public and private healthcare systems in Australia:

Public system Private health insurance
DoctorA public hospital will allocate a doctor for you. You don't get to choose.You can choose which doctor you see.
Private roomYou'll likely end up in a shared room in a public hospital.Insurance gives you access to a private room if there's one available.
Waiting listsWaiting lists for elective treatments can range from a few weeks to a few years.Private insurance usually involves a shorter wait. For some procedures, you may even be able to pick your date.
Treatment typesMedicare doesn't cover most dental, hearing aids or other out-of-hospital treatments.Extras can give you cashback on out-of-hospital services such as optical, dental, psychology and hearing aids.
Ambulance costsIn most cases, Medicare won't pay for your ambulance except in Queensland and Tasmania.Most health funds include cover for an emergency ambulance, even on Basic policies.

Compare hospital cover tiers

Gold Medal
Gold

Gold cover includes all hospital treatment categories, including joint replacements, pregnancy and insulin pumps.
Silver Medal
Silver

Silver cover includes at least 26 hospital treatments, including lung and chest, dental and podiatric surgery.
Bronze Medal
Bronze

Bronze cover includes at least 18 hospital treatments, including joint reconstructions, gynaecology, and ENT.
Basic Hospital
Basic

Basic cover often has only limited inclusions, but it can help avoid the Medicare Levy Surcharge and Lifetime Health Cover loading.

Why you can trust Finder's health insurance experts

free

We're free

Our health insurance engine is completely free to use. You pay the same as buying directly from the health insurer. Better still, we regularly run exclusive deals that you won't find on any other site.
expert advice

We're experts

We've researched and rated hundreds of policies as part of our Finder Awards. We've published 250+ guides and our in-house experts regularly appear on Sunrise, 7News and SBS News.
independent

We're independent

Unlike other comparison sites, we're not owned by an insurer. That means our opinions are our own and you can compare nearly every health fund in Australia on the site (and find a better deal).
help

We're here to help

Since 2014, we've helped 350,000+ people find health insurance by explaining your options simply. We'll never ask for your number or email to see prices. We're here to help you make a decision.

Frequently asked questions about health insurance

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