iSelect Health Rate Rise Hub 2021

The 2021 annual health insurance premium increase will occur on April 1. For many policy holders, this will be the second price increase in 6 months. Keep reading to learn more about this year's rate rise, and how your policy could be affected.
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Compare health insurance policies before rate rise!

See if you can save this March by comparing a range of Australia's health funds with iSelect*

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*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.

The 2021 rate rise in a nutshell:

  • Health insurance premiums will rise on April 1, 2021 by an average of 2.74%
  • This will be the second price rise to occur in 6 months, with the scheduled March 1 2020 rate rise postponed to October 1 2020 due to COVID-19 (although not all funds increased their premiums in October) 
  • The 2021 price increase comes as many Australians are still feeling the financial pressure caused by COVID-19 

How has COVID-19 affected the health insurance industry?

  • Longer waiting times for elective surgeries
  • A focus on value for money and access to quality healthcare 
  • Consumers don’t want to overpay for loyalty alone 

What are the key benefits of taking out private health cover?

  • Avoid the lengthy public waiting list for elective surgeries
  • Choose your own doctor and hospital  
  • Private room and typically better accommodation and food   

What does this mean for you?

  • Your health insurance premium is likely to rise on April 1 2021, although exactly how much your policy will increase depends on your fund and policy type  
  • Switching policies before April 1 could help you avoid paying a higher monthly premium if you are impacted by the upcoming rate rise  
  • Remember: When comparing policies, it's important to consider both coverage and price 
  • Got more questions? Please see our FAQ section below, or feel free to call our friendly team on 13 19 20 
  • Ready to compare policies and see if you could save? Get started comparing health insurance with iSelect*

Your health insurance rate rise questions answered

Why are some health insurance prices increasing again?

Are all funds increasing premiums on April 1st?

How much are premiums increasing by on April 1st?

How do I know how much my policy is going up? Will my fund tell me?

What can I do before April 1st 2021 to stop my premiums increasing?

I’m struggling to justify the cost of private cover right now. Should I just cancel altogether?

Is switching really worth the effort?

If I switch to another fund or policy, will I have to re-serve waiting periods?

COVID-19 health fund measures

Private Healthcare Australia have announced measures to relieve pressure on consumers during the COVID-19 pandemic including:

Postponing health funds premium increases

April 1 premium increase

The average cost of Health Insurance Premiums is set to rise by an average of 2.74% on April 1. Increased premiums mean your current policy may no longer be the best value option for your personal circumstances. Learn more

Full hospital coverage for all policies

Full hospital cover for COVID-19

What level of hospital cover do I need to be covered for COVID 19? You will be covered (subject to any waiting periods) regardless of what level of hospital cover you have.
Learn more

Telehealth services from psychologist and physiotherapist


If your policy covers psychology and physiotherapy, you will now be covered for these telehealth services from March 30.