Do you know how much your health insurance premiums will rise?

Health insurers are starting to let their customers know about rate rises that will kick in from 1 April. Have you received your rate rise letter yet? How much will your premiums go up? Add that to the increase on 1 October 2020 and what's the total bump?

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CUA Credicare family policy up by $150, pa, $6200 now, so can’t complain too much, although no increase in benefits...

Ain't that he way though? Would love to hear of a fund that increases benefits in line with premiums. It would be more likely increased premiums and a sneaky change or two to your PDS!

My "bump" is $2.87 per week. Not really an imposition for me as my industry health fund includes a wide range of benefits which will continue.

My health fund, Medibank (and ahm health insurance) premiums will rise by an average of 3.25% from 1 April 2021 and it was by 3.27% in 2020. So a total of 6.52% in the last year!


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