Health Funds: Learn more about iSelect’s participating health insurers

Choosing a health fund has lots of ins and outs. But avoid the temptation of jumping at the first (or second, or possibly even third) option. Doing your homework could save you money and make sure that you’re covered for the things you really need.
Young couple comparing insurance

*iSelect does not compare all providers or policies in the market and not all policies or special offers are available at all times, through all channels or in all areas. Not all policies available from our providers are compared by iSelect and due to commercial arrangements and customer circumstances, not all policies compared by iSelect are available to all customers.  Learn more.

Compare Health Insurance Policies

Save time and effort by comparing a range of Australia's health funds with iSelect*

I need cover for…

We can make it super easy for you by comparing health insurance policies from our range of participating insurers and policies*. All you need to do is call us on 13 19 20. But if you’d like to have a more thorough understanding, this article lists our health fund partners to give you an overview of who’s who, and what they can do for you. It also includes a list of things to consider before choosing.

Our range of health funds providers

When you compare health funds with us, you’re seeing some of Australia’s most respected and well-established brands. So while you might find one that suits you better than another, they’re all well worth considering.


ahm For over 40 years, ahm has had a single, simple aim: to make private health insurance less complex. And they must be doing something right because they have over 700,000 members. Backed by Medibank, one of Australia’s largest health insurers, ahm offers health insurance that’s flexible and easy to navigate online.


AIA A life and health insurance specialist with over 47 years of experience, AIA Australia offers a range of products that protect the financial health and wellbeing of millions of Australians. AIA insurance is linked to Vitality, a health and wellbeing program that rewards you for learning about and making small improvements to your health.

Australian Unity

Australian Unity Australian Unity is one of Australia's oldest health insurers established in 1840. When you choose health insurance with Australian Unity, you can mix and match your hospitals and extras cover to meet your needs.


Bupa Entering the Australian market in 2002 with the goal to ‘prevent, relieve and cure sickness and ill-health of every kind’, Bupa has been committed to offer Australians a broad range of services to help improve the Nation’s health.


frank health insurance logo Frank Health Insurance is a not-for-profit health fund that provides affordable hospital and extras cover for singles, couples, single parents and families. It launched in 2009 but has over 80 years of private health insurance experience from its parent company, GMHBA.


HCF HCF believes that your health comes before profit, so any profits they make go back into the fund to support a healthier Australia. Named as 2020’s Most Trusted Private Health Insurer, they’ve been helping Australians get the most from their health insurance since 1932.


Latrobe As a not-for-profit health fund, Latrobe has put its customers’ health and wellbeing first since 1951. Latrobe won two Canstar awards for most outstanding value hospital and extras policy and hospital policy in 2020 And they offer a range of hospital cover and extras packages that take the confusion out of health insurance, offering peace of mind for your budget and lifestyle.


NIB health insurance logo Over one million Australians and New Zealanders trust their medical and health insurance to nib. Whether you’re single and looking for value, a couple wanting to stay fit and well, or keeping up with a busy family, nib provides hospital and extras choices to suit your age and life stage.


TUH Health Fund, an iSelect partner when comparing health insurance TUH is member-owned, and for almost 50 years has prioritised the fitness and health of its members. As a not-for-profit health fund, TUH’s profits go towards creating quality health insurance products and services for its members, not its shareholders.


What else should I consider before choosing a health fund?

1) Give your current cover a check up

Once people have a health fund, they tend to stay put. In some cases this is because they believe they’ll have to re-serve waiting periods for particular services on their hospital policy. If you were to switch to a higher level of cover with new procedures covered, you'll need to serve a waiting period for the upgraded services.

But generally you don’t have to re-serve if you change health funds at the same, or lower level of cover. In fact, legislation guarantees you don’t have to re-serve waiting periods for services you were covered for with your previous fund if you switch funds for hospital cover. This is called continuity of cover. So don’t forget to review your current policy to check that your premium is competitive. Remember, though, we recommend that you make sure you won’t need to re-serve waiting periods before you make a change.

2) Review your extras

A lot of people opt for hospital cover as well as general treatment (extras) cover for services like dental, physiotherapy, optical, and others. But remember that health funds will vary on what services they offer and what you’ll get back as rebates. So make sure your cover meets your needs and is competitively priced. Weigh up the policy’s cost against the services you get and the benefits paid. For example, some policies set their benefit limits (for each service) on a per person basis, while others apply family benefit limits on each service.


3) Let us help

There’s no getting around it; shopping for private health insurance is a tricky business. But we can help untangle the maze by comparing policy combinations from our participating funds and to help you find a suitable choice quickly and simply*.

4) Consider an excess to save

Health funds generally offer hospital policies with either an excess or co-payments, or sometimes both. You could save on your premium by agreeing to share the cost of your hospital bill by paying an excess or co-payment. Generally, the higher the excess or co-payment you’re willing to pay, the lower your premium.

Excess and co-payments explained:
An excess is an upfront payment you agree to pay before hospital benefits are payable. The excess is generally applied on each admission into hospital for the year, however, it could be capped at a total amount that you would have to pay in a year. A co-payment could be a lesser amount that is paid each day for the services that you receive in hospital. For example, a $50 co-payment for a three day hospital visit would amount to $150 ($50 per day x 3 days). Like an excess, the co-payment that you pay in a year may be limited to a set amount. Conditions and limits for co-payments and excesses often vary between funds so it’s important to check your policy to ensure it will suit you and your family.

Ready to look for a health provider?

Well, now you’re ready and armed to choose a health insurance provider. But remember that we’re here to help you compare health insurance policy benefits from our range of providers.* To get going, just call us today on 13 19 20.

Last updated: 29/09/2021

Compare health insurance policies the easy way

Save time and effort by comparing a range of Australia's health funds with iSelect*


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