Do you feel like your health cover just isn’t giving you what it used to? Luckily, better value health cover is easy to find.
Is your health cover still worth it? It’s a fair question. After all, 2024 saw the largest health insurance premium price hike in five years** - but what if you do need a medical procedure, or extras like physio for your back? Then there’s the kids’ orthodontics.
Let’s take a look at the impacts of cancelling your health cover:
- For non-emergency hospital procedures - including when you’re in pain - you could wait upwards of 49 days*.
- You could end up paying the Medicare Levy Surcharge (MLS). Cancelling your cover only to shell out extra tax dollars doesn’t make sense. Find out more here.
- If you’re over 31 years old, you could lose your current Lifetime Health Cover rating. When you get cover again, you may have to pay an extra loading.
We get why you’d consider cancelling your health cover - but what if there’s a better way?
This article is opinion only and should not be taken as medical or financial advice. Check with a financial professional before making any decisions.
^$300.43 average savings based on 136,746 customers between 1 Jan 2018 - 23 December 2022
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Paying too much?
Australia: We saved our average customer $300.43* on their average annual premium!
Select your age below and see how much you could save!
*$300.43 average savings based on 136,746 customers between 1 Jan 2018 - 23 December 2022
Australia: We saved our average customer $300.43* on their average annual premium! Select your age below and see how much you could save!
Paying too much?
Australia: We saved our average customer $300* on their average annual premium! Select your age below and see how much you could save!
Do you feel like your health cover just isn’t giving you what it used to? Luckily, better value health cover is easy to find.
Is it possible to get better value health cover by switching insurers?
It very well can be, plus if you’ve not reviewed your health cover for a while, you’re probably overpaying for extras you don’t use, or levels of cover you don’t need.
That’s where we come in:
Compare Club’s health cover experts have saved people an average of $300^ by helping them switch cover.#
That’s why we’re the most trusted health comparison service in the country.^^ So, before you cancel your health cover, make sure you know what you’re giving up.
Before you cancel your health cover - read this:
Compare Club
Last update 2 Feb 2025
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Australia: We saved our average customer $300* on their average annual premium! Select your age below and see how much you could save!
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