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Health insurance deals and offers

Take advantage of these health insurance sign-up deals for April 2017 and watch this space for EOFY deals as June draws closer.

Many health funds in Australia release new deals and incentives month-by-month to attract new members. These offers range from cash bonuses, gift cards, discounts on premiums and waiving of waiting periods on extras services.
To save you the hassle of scouring the internet for these promotions finder.com.au has done it for you. Below you can find a number of sign up offers from well known health funds that can help you find the best deal*, and the cheapest health insurance policy*, for you. Happy hunting.

Health insurance deals from participating funds for April 2017

Store Discount Expiration Description Last verified Redeem
Save up to 4% on all HIF covers Pay your premiums annually and save 4% on any HIF policy. Alternatively opt for half-yearly payments and save 2%.
  • This offer cannot be combined with any other HIF discount except for the $50 cash card deal below.

Last verified 6 Mar 2017

finder.com.au exclusive deal! Get a $50 bonus cash card with any HIF policy Just reference the code when purchasing any HIF cover. Can be used in conjunction with HIF's 4% discount for paying annually.
  • The cash card is sent out after holding cover for six weeks.
  • This offer cannot be combined with any other HIF discount.
  • Offer only available to new members.
  • Offer not available to HIF employees or their families.

Last verified 6 Mar 2017

Show code FI****

After the store tab opens, come back to copy the code

Store Discount Expiration Description Last verified Redeem
Get up to $200 off on ahm combined policies during April

Deal expires 26 Apr 2017

Join on any ahm combined family policy and save $200. Discount varies for single and couple policies.
  • Offer available for new members on new memberships only.
  • You must hold cover continuously for 60 days.
  • You cannot switch to an ineligible product during this period.
  • Available via direct debit only.
  • Not available on standalone hospital, extras policies.
  • Not available on ambulance only policies.
  • Not available on overseas visitors health cover.

Last verified 5 Apr 2017

Join AHM during April and earn up to 70,000 bonus flybuys points

Coupon code expires 27 Apr 2017

Discover how many bonus points you can earn. This offer can be combined with AHM's other April deal above.
  • Bonus points vary depending on the policy you choose.
  • Offer is only available to new members.
  • Offer not available with overseas student health cover.
  • Offer not available with ambulance only cover.
  • Cover must be held for at least six months.

Last verified 5 Apr 2017

Show code FL****

After the store tab opens, come back to copy the code

Store Discount Expiration Description Last verified Redeem
Join Teachers Health on any combined cover and get 6 weeks free

Coupon code expires 30 Apr 2017

Just reference the offer code when signing up for a Teachers Health hospital and extras policy online or over the phone.
  • Must satisfy the eligibility requirements of Teachers Health.
  • For new members/memberships only.
  • Offer is applied in the second month of membership.
  • Only available with combined hospital and extras policies.
  • Offer only available via direct debit.
  • The policy must not be in arrears to receive the offer.

Last verified 5 Apr 2017

Show code SI****

After the store tab opens, come back to copy the code

Store Discount Expiration Description Last verified Redeem
Purchase any combined cover and serve no waiting periods on all extras services

Deal expires 30 Apr 2017

Join GMHBA on a combined cover during April and no waiting periods apply to all extras services.
  • Offer is only available to new members/memberships.
  • Members must pay their first month's premium in advance.
  • Members must pay by direct debit.
  • Member must join on a combined hospital and extras policy.
  • Bronze products are included in this offer.
  • Annual benefit limits and sub-limits still apply.

Last verified 5 Apr 2017

Store Discount Expiration Description Last verified Redeem
Serve no 2 and 6 month waiting periods on extras services

Deal expires 30 Apr 2017

Join NIB on combined cover during April 2017 and the normal 2 & 6 month extras waiting periods are waived.
  • For new members/memberships only.
  • Offer only applies to combined hospital and extras cover.
  • Overseas visitors products are excluded.
  • Corporate health products are excluded.
  • Offer does not apply to NIB employees.

Last verified 5 Apr 2017

What else can I do to save on health insurance this EOFY?

Besides taking advantage of the numerous health insurance deals that start getting released at around early to mid-May, you may also be able to kill two birds with one stone by avoiding two government penalties that impact the amount you are taxed and the amount you pay in health insurance premiums.

Don't get hit with the Medicare Levy Surcharge

Depending on how much you earn, if you are not covered by private health insurance you're going to have to pay 1% to 1.5% tax towards the Medicare Levy Surcharge (MLS).

The good news is that you can easily avoid the MLS by purchasing a policy, and the better news is that some health funds offer cover that costs less per year than the amount taxed. Some of these policies are outlined below:

Health fundProductExcessApply
AHMLite Cover$500 excess on hospital itemsMore info
Australian UnityBasic Hospital$500 excessMore info
BUPAActive Saver$100 CopayMore info
GMHBABronze Hospital Options$500 excessMore info
NIBKickstarter$500 excessMore info
CUAPublic Hospital CoverNoMore info
Defence HealthADF Essentials Package$200More info
Defence HealthEssentials Hospital$200More info
Doctors Health FundSmart Starter$500 excessMore info
Frank InsuranceBasic HospitalAdmission excess per person $500 per yearMore info
HBFSuper Saver Hospital$500 excessMore info
GMF HealthLite Hospital$500 excessMore info
RT HealthSingle Cover Public Hospital$500 excessMore info

*Quotes for Tier 1 single male, under 30, living in NSW. Prices subject to change and should be used as a general guide only

Avoid the Lifetime Health Cover loading

The Lifetime Health Cover (LHC) is a government initiative designed to encourage young people to get private health insurance. It adds a 2% loading on top of your premium for every year you fail to take out cover after you turn 31 until it caps at a maximum of 70%. For example, if you sign up at 45 you'll pay 30% more than someone who joined up at the age of 30.

If you have just turned 31 it could be worth waiting until the EOFY offers are released and snag a good deal while avoiding both the Medicare Levy Surcharge (which taxes you) and the LHC (which begins adding the 2% loading following 1 July after your 31st birthday). Its a win-win-win.

Any other ways to reduce my health insurance costs?

Compare policies from 35 Australian health funds

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*The offers compared on this page are chosen from a range of products finder.com.au has access to track details from and is not representative of all the products available in the market. Products are displayed in no particular order or ranking. The use of terms 'Best' and 'Top' are not product ratings and are subject to our disclaimer. You should consider seeking independent financial advice and consider your personal financial circumstances when comparing products.
Picture: Shutterstock

Richard Laycock

Richard is the senior insurance writer at finder.com.au and is on a mission to make insurance easier to understand.

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