Please note an individual’s product premium increase may be above or below the industry’s or their insurer’s average increase. Insurers inform their members in writing of the exact premium increase for their particular policy.
While the figures represent the average premium increase, this is not indicative of what every consumer may experience. Some products may offer either a lower or a higher increase.
The government is permitting insurers to offer youth based discounts to encourage younger people to join private health insurance. If an insurer has introduced this reform measure as part of its suite of products available from 1 April 2019, then some policy holders will receive a reduction in their premium of up to 10 per cent.
Insurers inform their members in writing of the exact premium increase which will apply for their particular policy. The Rebate Adjustment Factor used to adjust premium rebate rates cannot be calculated until after the December quarter CPI figures are released by the Australian Bureau of Statistics in late January 2019. As a result, insurers will be unable to provide definitive information to their policy holders regarding changes to premium levels until this time.
Premium Round Individual Insurer Average Premium Increases – 2013 to 2019
Insurer | Average increase with rate protection (%) |
2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
ACA Health Benefits Fund Limited | 5.89% | 5.78% | 4.96% | 6.19% | 4.70% | 2.72% | 3.23% |
Australian Unity Health Limited | 5.23% | 6.62% | 6.26% | 5.05% | 4.46% | 3.89% | 3.35% |
BUPA HI Pty Ltd | 5.80% | 6.35% | 5.59% | 5.69% | 4.90% | 3.99% | 2.99% |
CBHS Corporate Health Pty Ltd | | | | | 2.98% | 2.38% | 3.68% |
CBHS Health Fund Limited | 4.59% | 5.61% | 6.58% | 5.92% | 3.29% | 2.73% | 3.67% |
Cessnock District Health Benefits Fund Limited | 5.55% | 5.36% | 6.99% | 6.19% | 6.57% | 6.40% | 3.90% |
CUA Health Limited | 4.62% | 5.47% | 6.35% | 8.95% | 4.97% | 3.29% | 4.19% |
Defence Health Limited | 4.02% | 5.34% | 5.62% | 5.48% | 5.51% | 5.97% | 4.50% |
Doctors' Health Fund Pty Ltd, The | 3.78% | 4.23% | 3.98% | 3.76% | 3.54% | 2.28% | 2.94% |
Emergency Services Health Pty Ltd | | | | | | 3.36% | 3.25% |
GMHBA Limited | 5.23% | 5.94% | 6.43% | 5.44% | 4.94% | 4.34% | 3.31% |
Grand United Corporate Health Limited | 3.23% | 3.46% | 4.32% | 4.26% | 4.11% | 2.84% | 1.80% |
HBF Health Limited | 3.75% | 3.72% | 5.96% | 4.94% | 5.96% | 3.75% | 1.94% |
Health Care Insurance Ltd | 3.97% | 5.34% | 6.12% | 6.90% | 6.06% | 8.90% | 5.53% |
Health Insurance Fund of Australia Limited | 4.47% | 2.98% | 4.49% | 6.55% | 7.99% | 5.35% | 4.77% |
Health Partners Limited | 3.40% | 3.14% | 5.76% | 7.14% | 5.10% | 3.95% | 3.18% |
health.com.au Pty Ltd | 5.76% | 6.13% | 6.81% | 8.81% | 8.53% | 5.87% | 3.96% |
Hospitals Contribution Fund of Australia Ltd, The | 5.74% | 6.89% | 6.57% | 5.42% | 3.65% | 3.39% | 3.20% |
Latrobe Health Services Limited | 6.21% | 5.98% | 6.15% | 5.52% | 4.49% | 4.25% | 3.85% |
Medibank Private Limited | 6.20% | 6.49% | 6.59% | 5.64% | 4.60% | 3.88% | 3.30% |
Mildura District Hospital Fund Ltd | 5.75% | 3.65% | 6.14% | 6.74% | 5.95% | 5.68% | 3.89% |
MO Health Pty Ltd | | | | | | 3.90% | 4.45% |
National Health Benefits Australia Pty Ltd | 5.76% | 4.50% | 6.26% | 5.28% | 5.41% | 3.97% | 3.62% |
Navy Health Ltd | 4.80% | 4.53% | 4.50% | 5.50% | 4.94% | 3.94% | 4.94% |
NIB Health Funds Ltd | 6.50% | 7.99% | 6.55% | 5.55% | 4.48% | 3.93% | 3.38% |
Nurses & Midwives Health Pty Ltd | | | | | | 3.22% | 5.91% |
Peoplecare Health Limited | 6.81% | 5.82% | 6.08% | 4.38% | 5.09% | 4.19% | 4.90% |
Phoenix Health Fund Limited | 5.47% | 6.52% | 6.48% | 5.72% | 5.93% | 4.19% | 3.26% |
Police Health Limited | 4.09% | 4.81% | 4.48% | 4.81% | 4.63% | 3.72% | 3.58% |
Queensland Country Health Fund Ltd | 4.59% | 5.85% | 4.77% | 4.91% | 5.15% | 4.39% | 3.95% |
Queensland Teachers' Union Health Fund Limited | 4.50% | 4.50% | 6.36% | 7.15% | 7.30% | 4.40% | 3.18% |
Railway & Transport Health Fund Ltd | 4.29% | 4.80% | 6.17% | 5.61% | 5.54% | 4.47% | 3.36% |
Reserve Bank Health Society Ltd | 4.31% | 4.39% | 4.88% | 5.37% | 5.00% | 3.97% | 3.73% |
St Luke's Medical and Hospital Benefits Association | 3.96% | 6.33% | 6.27% | 5.89% | 4.99% | 4.23% | 3.56% |
Teachers Federation Health Ltd | 4.10% | 5.42% | 6.86% | 4.97% | 4.96% | 2.84% | 3.94% |
Transport Health Pty Ltd | 6.77% | 5.90% | 4.84% | 6.49% | 4.93% | 5.16% | 3.41% |
Westfund Limited | 3.48% | 3.25% | 7.92% | 5.94% | 4.96% | 3.43% | 1.64% |
INDUSTRY WEIGHTED AVERAGE | 5.60% | 6.20% | 6.18% | 5.59% | 4.84% | 3.95% | 3.25% |