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Switch health insurance now to avoid April price hike

Switch health insurance now to avoid April price hike

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Australians face a 4.5% health insurance premium increase from April 1st, the largest rise in nine years, adding approximately $125 annually to regular policies. Switching health insurance providers before this date allows customers to lock in current rates and access new customer incentives worth up to $700 in gift cards, cashback, 12 weeks free coverage, and 140,000 bonus points. Most insurers honour existing waiting periods when transferring, and experts recommend reviewing health insurance policies every 12 months to ensure appropriate coverage and maximise savings.

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