Discover the 10 Best Private Health Insurance Options in Australia
Choosing the right health insurance in Australia can be challenging, with so many options available and varying levels of coverage. As reviewers, we’ve researched the top 10 best health insurance in Australia to help you understand premiums, waiting periods, and more. In this guide you will learn:
- ✅ Important factors to consider when choosing private health insurance in Australia
- ✅ 10 best private health insurance in Australia
- ✅ Frequently asked questions
Our guide aims to provide you with clear and practical insights, making it easier to compare your options and find a plan that best suits your healthcare needs and budget. Whether you’re after basic hospital cover or comprehensive extras, we’ve got you covered!
Important factors to consider when choosing private health insurance in Australia
When choosing health insurance, several factors must be considered to find the right coverage for your needs.
First, decide between hospital cover, extras cover, or a combination of both. Hospital cover pays for in-patient services, giving you more control over your doctor and avoiding long public waiting lists. Extras cover helps with out-of-hospital services like dental, optical, and physiotherapy, which can reduce your healthcare costs if you use these services often.
Consider waiting periods, as insurers often impose delays before you can claim certain benefits, especially for pre-existing conditions or high-cost treatments like maternity. If you need these services soon, look for plans with shorter or no waiting periods.
Premiums vary between providers and plans. While lower premiums may seem appealing, be sure to consider the coverage level and out-of-pocket costs, such as gap fees. Plans with no-gap or low-gap options can help minimize additional expenses.
By weighing these factors, you can make an informed choice that fits both your healthcare needs and budget.
Best Private Health Insurance – Compared 2025
| 💡 Provider | 🔍 Product Review | 💵 Financial Sound Rating |
| Bupa | 1.4 out of 5 (1355 reviews) | B++ (FSR) |
| Medibank | 1.5 out of 5 (1140 reviews) | A from (S&P Global Ratings) |
| HCF | 2.7 out of 5 (740 reviews) | Financially stable |
| NIB | 2.1 out of 5 (762 reviews) | A from (S&P Global Ratings) |
| Australian Unity | 3.3 out of 5 (701 reviews) | Financially stable |
| HBF | 2.5 out of 5 (454 reviews) | Financially strong |
| Frank Health Insurance | 4.2 out of 5 (594 reviews) | B++ (Good) |
| Teachers Union | 4.4 out of 5 (906 reviews) | AAA (Fitch Ratings) |
| GMHBA | 4.2 out of 5 (465 reviews) | A-1+ (Cash) |
| Health Partners | 3.1 out of 5 (62 reviews) | $26,787,000 profit (June2024) |
Bupa
Bupa is one of Australia’s leading private health insurance providers, offering a wide range of cover options that include hospital cover, extras cover (for services like dental and physiotherapy), and combined plans.
They focus on customer-centric services, providing access to a large network of healthcare providers. Bupa is known for offering flexible plans for individuals, families, and seniors, aiming to meet various health needs and budgets.
Frequently Asked Questions
What is the monthly premium for the Bupa health insurance plans?
Bupa offers different price points for their health insurance products. For example, plans with hospitals and extras coverage range from $2.79/ week to $21.19/ week; hospital-only products range from $17.98/ week to $21.19/ week; and extras-only products range from $2.79/ week to $5.62/ week. There are also packaged products ranging from $24.35/ week to $39.09/ week.
What Is the Waiting Period for the Bupa Health Insurance Plan benefits?
Waiting periods for Bupa health insurance vary depending on the type of service. Common waiting periods include 2 months for most benefits, such as general treatments and hospital care, while more specific services like maternity or treatments for pre-existing conditions generally have a waiting period of 12 months.
For certain extra services, waiting periods may also range from 2 to 12 months. Always check your specific policy details for exact waiting periods related to your coverage.
How to Claim for Bupa Health Insurance Benefits
To claim for Bupa Health Insurance benefits, you can follow these steps:
- Online – Log in to your Bupa account via the website or app and upload your claim.
- In-Person – Visit a Bupa Health Insurance branch with your medical receipts.
- By Post – Mail your completed claim form and receipts to Bupa.
- Automatic Claims – Many providers submit claims directly to Bupa on your behalf.
Check that you provide all necessary documentation, such as invoices and receipts, to process your claim efficiently.
Our Overall Assessment
Bupa is a top choice for private health insurance in Australia, offering flexible, customer-focused plans with comprehensive coverage options to suit a variety of needs and budgets.
Medibank
Medibank is one of Australia’s leading private health insurers, offering a broad range of coverage options, including hospital cover, extras cover (such as dental, physiotherapy, and optical), and combined plans.
They provide customizable insurance solutions for individuals, families, and businesses. Medibank emphasizes wellness initiatives, supporting customers with 24/7 health advice and wellness programs.
They also have a strong focus on preventive care, aiming to improve overall health outcomes for their members through partnerships with healthcare providers.
Frequently Asked Questions
What is the monthly premium for the Medibank health insurance plans?
The monthly premium for Medibank health insurance plans varies depending on the level of coverage, age, and location.
Basic cover plans can start from around AUD 100 per month, while more comprehensive packages, including hospital and extras cover, may cost upwards of AUD 150 to AUD 200 or more per month. For more specific pricing tailored to your needs, it’s best to use the Medibank website’s quote tool.
What Is the Waiting Period for the Medibank health insurance plan benefits?
The waiting periods for Medibank health insurance benefits depend on the type of coverage. Common waiting periods include 2 months for general treatments like dental and physiotherapy, 12 months for maternity services or pre-existing conditions, and immediate coverage for accident-related hospital care. Always review your specific plan details, as waiting periods may vary depending on your selected coverage.
How to Claim for Medibank Health Insurance Benefits
To claim Medibank health insurance benefits, you can use one of the following methods:
- Online – Log into your Medibank account or use the My Medibank app to submit a claim.
- In-Person – Claim at a Medibank branch using your Medibank card.
- Over the Phone – Contact Medibank’s customer service for assistance.
Automatic Claims – Many healthcare providers can process claims automatically on your behalf.
Our Overall Assessment
Medibank is a leading Australian health insurer, offering customizable coverage options and a strong focus on wellness and preventive care to support the overall health and well-being of its members.
HCF (Hospital Contribution Fund)
HCF (Hospital Contribution Fund) is Australia’s largest not-for-profit health insurer, offering a wide range of health insurance products, including hospital and extra cover. As a member-focused organization, HCF reinvests its profits into benefits for policyholders, providing affordable premiums and access to high-quality healthcare services.
The fund also offers additional health services, such as wellness programs, mental health support, and no-gap extras for selected treatments. HCF emphasizes value and has been recognized for providing outstanding customer service and healthcare solutions.
Frequently Asked Questions
What is the monthly premium for the HCF health insurance plans?
HCF’s monthly premiums for health insurance plans vary depending on factors such as the level of coverage, age, and location. On average, basic hospital cover can start from around AUD 100 to AUD 150 per month, while more comprehensive plans that include extras like dental and physiotherapy may range between AUD 150 and AUD 250 per month or higher.
What Is the Waiting Period for the HCF health insurance plan benefits?
The waiting periods for HCF health insurance benefits depend on the service type. Generally, waiting periods include 2 months for extras like dental and physiotherapy, 12 months for maternity or treatments related to pre-existing conditions, and 12 months for major dental or orthodontics.
Accident-related hospital treatment usually has no waiting period. Always check your policy for specific details as waiting periods can vary.
How to Claim for HCF Health Insurance Benefits
To claim HCF Health Insurance benefits, you can:
- Log into your HCF member account and submit your claim digitally.
- Use the My Membership app to upload receipts and submit your claim.
- Some healthcare providers can submit claims directly through HCF on your behalf.
You can also claim by visiting an HCF branch or mailing your claim form.
Our Overall Assessment
HCF is Australia’s largest not-for-profit health insurer, offering affordable premiums, high-quality healthcare services, and a strong focus on member benefits, wellness programs, and exceptional customer service.
NIB
NIB is a leading private health insurance provider in Australia, offering a range of flexible cover options, including hospital cover, extras cover, and combined plans.
NIB is known for tailoring health insurance to meet the specific needs of individuals, families, and international visitors, including overseas student and worker health cover.
They focus on making health insurance accessible and convenient, offering additional services like 24/7 telehealth, dental, and wellness programs. NIB also provides tools for easy claims and access to its extensive network of healthcare providers.
Frequently Asked Questions
What is the monthly premium for the NIB health insurance plans?
The weekly premiums for NIB health insurance plans can vary widely based on the plan and level of coverage. On average, basic hospital cover can start around AUD 25 to AUD 40 per week, while more comprehensive plans including hospital and extras cover may range from AUD 40 to AUD 60 or more per week.
For a personalized quote tailored to your situation, you can visit the NIB website and use their quote tool.
What Is the Waiting Period for the NIB health insurance plan benefits?
The waiting periods for NIB health insurance benefits depend on the type of coverage. Common waiting periods include 2 months for extras like dental and physiotherapy, 12 months for maternity or pre-existing conditions, and immediate coverage for accidental injuries.
Specific waiting periods may vary by plan and service, so it’s essential to check your policy details for accurate information.
How to Claim for NIB Health Insurance Benefits
To claim NIB Health Insurance benefits, you can:
- Log into your NIB account to submit claims electronically.
- Use the NIB mobile app to upload receipts and process claims.
- Some healthcare providers may submit claims directly to NIB on your behalf.
You can mail in your completed claim form along with the necessary documentation.
Our Overall Assessment
NIB is a leading Australian health insurer, offering flexible coverage options and additional services like 24/7 telehealth and wellness programs, tailored to meet the diverse needs of individuals, families, and international visitors.
Australian Unity
Australian Unity is a well-established not-for-profit organization offering private health insurance alongside services in banking, financial advice, and independent living. Their health insurance products cover hospitals, extras, and combined plans for individuals, couples, and families.
They emphasize personalized care and well-being, providing a range of health and lifestyle programs. Australian Unity is committed to improving community well-being through its services and has been operating in Australia for over 180 years.
Frequently Asked Questions
What is the monthly premium for the Australian Unity health insurance plans?
The monthly premium for Australian Unity health insurance plans depends on the level of coverage you choose. The exact premium will depend on factors such as the type of cover, location, and individual circumstances.
What Is the Waiting Period for the Australian Unity health insurance plan benefits?
The waiting periods for Australian Unity health insurance depend on the service. Common waiting periods include 2 months for general treatments, 12 months for maternity or pre-existing conditions, and 12 months for major dental and optical services.
Some benefits, such as those related to accidents, may have no waiting period. Always check your policy for specific details.
How to Claim for Australian Unity Health Insurance Benefits
To claim for Australian Unity health insurance benefits, you can:
- Log in to your Australian Unity account and submit claims electronically.
- Use the Australian Unity Health app to upload receipts and process claims.
You can submit your claims via post or by visiting an Australian Unity branch.
Our Overall Assessment
Australian Unity is a trusted not-for-profit organization offering comprehensive health insurance options alongside a focus on personalized care, well-being programs, and community wellness, with over 180 years of experience in Australia.
HBF
HBF is a leading private health insurance provider in Australia, offering a range of hospitals and extra cover for singles, couples, families, and single parents. Based in Western Australia, HBF is known for its commitment to affordable, comprehensive health coverage and personalized care, with additional services such as telehealth and wellness programs.
They provide members with flexible health plans and no-gap options for select treatments, ensuring tailored solutions to suit different health needs.
Frequently Asked Questions
What is the monthly premium for the HBF health insurance plans?
For hospital-only coverage, the premiums can start from around AUD 23 to AUD 40 per week, depending on the level of coverage. More comprehensive packages, such as hospital and extras cover, range from AUD 30 to AUD 60 or more per week. The final cost will depend on the level of coverage and individual needs.
What Is the Waiting Period for the HBF health insurance plan benefits?
HBF health insurance waiting periods vary based on the service and type of cover:
- Hospital services typically have a 2-month waiting period for general admissions.
- 12 months is required for pre-existing conditions and maternity services.
- Extras services (e.g., dental, physiotherapy) usually have a 2- to 12-month waiting period, depending on the treatment.
Immediate cover applies to accidents requiring hospital treatment.
How to Claim for HBF Health Insurance Benefits
To claim HBF Health Insurance benefits, follow these steps:
- Log into your HBF member account via their website and submit a claim electronically.
- Use the HBF app to upload receipts and submit claims quickly.
- If your healthcare provider uses HICAPS or a similar system, you can claim directly during your visit.
Download a claim form from the HBF website, complete it, and submit it by post or at an HBF branch.
Our Overall Assessment
HBF is a top Australian health insurer, offering affordable, comprehensive coverage with flexible plans, telehealth, wellness programs, and no-gap options, all tailored to meet the diverse needs of individuals and families.
Frank Health Insurance
Frank Health Insurance is a low-cost private health insurance provider in Australia, offering straightforward and flexible cover options. Known for its simplicity, Frank provides hospital cover, extras cover, and combination plans.
It allows members to choose their healthcare providers, claim easily online, and benefit from a cooling-off period for peace of mind. Frank is part of GMHBA and focuses on affordability while maintaining quality customer service and accessible health insurance solutions.
Frequently Asked Questions
What is the monthly premium for the Frank Health Insurance plans?
The monthly premium for Frank Health Insurance plans varies depending on the level of coverage. For basic hospital cover, premiums start at approximately AUD 90 per month, while more comprehensive plans, including hospital and extras cover, range from AUD 120 to AUD 180 or more per month. The exact price will depend on factors such as the level of cover and individual circumstances.
What Is the Waiting Period for the Frank Health Insurance plan benefits?
The waiting periods for Frank Health Insurance plans are specific to the type of coverage. Common waiting periods include:
- 2 months for hospital treatments like rehabilitation and psychiatric services.
- 12 months for pre-existing conditions, major dental, and maternity services.
- 2 to 6 months for extra services such as general dental and optical.
Accident-related hospital treatment is generally covered immediately.
How to Claim for Frank Health Insurance Benefits
To claim for Frank Health Insurance benefits, follow these steps:
- Log into your Frank Health Insurance account and submit your claim electronically.
- Use the Frank mobile app to upload receipts and process claims on the go.
- If your healthcare provider uses HICAPS, you can claim directly at the time of service.
Download a claim form, fill it out, and mail it along with your receipts.
Our Overall Assessment
Frank Health Insurance offers flexible and affordable coverage options, including hospital and extras coverage, with a focus on simple, user-friendly plans designed to suit the needs of individuals and families.
Teachers Health
Teachers Health is a private, not-for-profit health insurance provider in Australia, specifically serving the education community and their families. Established to offer affordable and comprehensive healthcare, Teachers Health provides a range of hospital, extras, and combined cover options.
Members benefit from access to a large network of healthcare services, including dental and optical care through state-of-the-art health centers. The fund emphasizes member care and reinvests profits into improving services so that members receive value and high-quality healthcare.
Frequently Asked Questions
What is the monthly premium for the Teachers’ Health Insurance plans?
The monthly premiums for Teachers Health Insurance plans vary depending on the level of coverage chosen. The exact cost will depend on factors such as location, age, and coverage level.
What Is the Waiting Period for the Teachers’ Health Insurance Plan Benefits?
The waiting periods for Teachers’ Health Insurance plans vary based on the type of service. Some key waiting periods include:
- 2 months for general dental, optical, and physiotherapy under extra cover.
- 12 months for major dental, maternity services, and pre-existing conditions.
- Immediate cover for services related to accidents.
6 months for specified extra services like remedial massage or chiropractic care.
How to Claim for Teachers Health Insurance Benefits
To claim Teachers’ Health Insurance benefits, follow these steps:
- Log into your Teachers Health member account to submit claims electronically.
- Use the Teachers Health app to upload receipts and lodge claims.
For eligible providers, claims can be processed instantly using HICAPS or similar systems.
Our Overall Assessment
Teachers Health is a not-for-profit health insurer dedicated to providing affordable, comprehensive coverage for the education community, with access to a wide range of healthcare services and a focus on member care and value.
GMHBA
GMHBA is a not-for-profit private health insurance provider in Australia, offering affordable and flexible health coverage for singles, couples, families, and seniors. With over 90 years of experience, GMHBA provides a range of hospital and extra coverage, as well as combined policies, focusing on personalized care and community well-being.
Members benefit from access to a large network of healthcare providers, resulting in quality care and support. GMHBA reinvests its profits into services and benefits for its members.
Frequently Asked Questions
What is the monthly premium for the GMHBA Health Insurance plans?
For a precise quote based on your needs, it is recommended to visit the GMHBA website and use their quote tool.
What Is the Waiting Period for the GMHBA Health Insurance Plan benefits?
The waiting periods for Teachers’ Health Insurance plans vary based on the type of service. Some key waiting periods include:
- 2 months for general dental, optical, and physiotherapy under extra cover.
- 12 months for major dental, maternity services, and pre-existing conditions.
- Immediate cover for services related to accidents.
6 months for specified extra services like remedial massage or chiropractic care.
How to Claim for GMHBA Health Insurance Benefits
The waiting periods for GMHBA Health Insurance plans vary based on the service:
- 2 months for general treatments such as physiotherapy and chiropractic services.
- 12 months for pre-existing conditions, major dental, and maternity services.
- 6 months for optical benefits.
Immediate coverage for treatments related to accidents requiring hospital care.
Our Overall Assessment
GMHBA is a trusted not-for-profit health insurer with over 90 years of experience, offering affordable, flexible coverage and personalized care while reinvesting profits to enhance services and support for its members.
Health Partners
Health Partners offers comprehensive health cover options, including hospital and extra cover for singles, couples, and families. Members benefit from high-quality health services, including access to South Australia’s largest private dental practice, optical care, and physiotherapy.
Health Partners is recognized for providing outstanding value and customer satisfaction, consistently winning awards for its member-focused approach.
What is the monthly premium for the Health Partners Health Insurance plans?
Health Partners offers a personalized quote mechanism directly on their website.
What Is the Waiting Period for the Health Partners Health Insurance Plan benefits?
The waiting periods for Health Partners health insurance plans vary by service:
- 2 months for general dental, optical, and physiotherapy.
- 12 months for pre-existing conditions and major dental services.
- 6 months for certain extras like remedial massage.
- Immediate cover for accidents requiring hospital treatment.
These waiting periods apply to specific services, so it’s essential to review your policy or contact Health Partners directly for more information.
How to Claim for Health Partners Health Insurance Benefits
To claim Health Partners health insurance benefits, follow these steps:
- Log in to your Health Partners member account and submit your claim online.
- Download the Health Partners app, upload your receipts, and lodge your claim directly through the app.
- If your provider offers HICAPS, you can claim instantly during your visit.
Download the claim form from the website, fill it out, and submit it by mail or in person at a Health Partners branch.
Our Overall Assessment
Health Partners offers comprehensive health cover with access to high-quality services like dental, optical, and physiotherapy, and is known for its exceptional value and customer satisfaction.
In Conclusion
When selecting health insurance, it’s crucial to balance factors like hospital and extras coverage, waiting periods, premiums, and out-of-pocket costs to ensure you get the right coverage for your needs and budget.
You might also like:
- Quantas Health Insurance
- Bupa Private Health Insurance
- HBF Health Insurance
- HCF health insurance
- Medibank Private Health Insurance
Frequently Asked Questions
What is private health insurance, and why should I get it?
Private health insurance provides access to private hospitals, specialist care, and extras like dental and optical. It helps reduce wait times and provides flexibility in choosing healthcare providers.
What factors should I consider when choosing a health insurance plan?
Important factors include hospital cover, extras cover, premiums, out-of-pocket costs, and waiting periods.
How do waiting periods work?
Waiting periods are the time you need to wait before claiming certain benefits, like maternity or pre-existing condition treatments.
What is extra cover, and why would I need it?
Extras cover includes out-of-hospital services like dental, physiotherapy, and optical. It’s useful for managing routine healthcare costs.
Can I change health insurance providers without losing coverage?
Yes, but waiting periods for new or upgraded benefits may apply. Always check the terms before switching plans.
