Health insurance premiums rose by up to 17 per cent in one month, research finds

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Experts have urged Australians to re-examine their health insurance policies and assess their needs.

Experts have urged Australians to re-examine their health insurance policies and assess their needs after research found premiums surged by up to 17 per cent.

"One policy in Western Australia even had an increase of 17 per cent," Choice health insurance expert Jodi Bird said. "If you have a specific condition that's usually only covered by gold, and you want to use the private hospital system, look for a silver plus policy, or consider self insurance," Bird said. Bird explained self insurance meant setting aside money for private health costs as they arise rather than paying an insurer.

 

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