Private health insurance is changing. From 1 April 2019 onwards, a range of reforms introduced by the Australian Government will be rolled out. The changes aim to make health insurance simpler to understand, and make it easier to compare hospital products to find cover that best suits your needs.
The key changes include discounts on eligible hospital cover for 18-29 year olds, an option of a $750 excess for some hospital products, standard categories and definitions for hospital services across the health insurance industry and changes to the types of natural therapies you can claim for on extras cover.
How the changes to private health insurance could impact people like you
Whether you’re young and single, a growing family, or you’re at risk of particular health issues, the changes to health insurance could impact you in a number of ways. Read on to find out what the changes could mean for people like you.