EOFY health insurance promotions and deals

Richard Laycock 2 June 2017

Group of people in a room with confetti falling from the ceiling

Have you turned 31 in the last year and need hospital cover? Start adulting and save with these EOFY deals.

With June underway and the end of financial year looming, it's that time of the year when gungho health funds try to reel in the latest batch of 31-year-olds. Why? As with television, it's good to hook them while they're young. A recent finder.com.au survey found that the average Australian stays with their health fund for 11.8 years.

Health funds also know once you turn 31 you're hamstrung by the Lifetime Health Cover (LHC) loading, which means not having hospital cover from 1 July will raise your premiums by 2% for every year you don't have cover. This means that if at 41 you decide you want to take out private health insurance, you'll be paying an additional 22% more than if you'd taken out cover at 31.

To help you forget the fact you're now 31 and that health insurance is now being foisted upon you, health funds offer all manner of EOFY deals and discounts to secure your membership.

Below is the roundup of what some of Australia's major health funds are offering in the way of EOFY health insurance promotions.

Compare EOFY promotions from funds in the finder.com.au panel

FundDealEnd dateLink
ahm
  • Extras waiting periods waived and one month free on combined policies
  • Join direct with AHM & earn up to 55,000 bonus flybuys points
30 June 2017Get deal
CUA Health
  • Get a $100 EFTPOS gift card with any combined policy
  • Get your first month free on any CUA policy
30 June 2017Get deal
HCF
  • Extras waiting periods waived and one month free on combined policies
30 June 2017Get deal
HIF
  • Exclusive: $50 bonus cash card with any HIF policy
n/aGet deal
NIB
  • Get a $200 gift card when you take out a combined hospital and extras policy
30 June 2017Get nib 
Teachers Health Fund
  • Six weeks free cover OR one months free cover PLUS get two and six month extras waiting periods waived when you take out a combined hospital and extras
30 June 2017Get deal
UniHealth
  • Six weeks free cover OR one months free cover PLUS get two and six month extras waiting periods waived when you take out a combined hospital and extras
30 June 2017Get deal

Compare EOFY health insurance deals from 19 health funds

FundDealEnd dateLink
ahm
  • Extras waiting periods waived and one month free on combined policies
  • Join direct with AHM & earn up to 55,000 bonus flybuys points
30 June 2017Get deal
Bupa
  • Join Bupa in June and you could earn up to 80,000 Velocity Points on a family policy.
30 June 2017Find out more about fund
CUA Health
  • Get a $100 EFTPOS gift card with any combined policy
  • Get your first month free on any CUA policy
30 June 2017Get deal
Doctors Health Fund
  • Receive your choice of a $300 Westfield XS Eftpos Gift Card OR $300 Escape Travel Gift Card with any combined policy
30 June 2017Find out more about fund
GMHBA
  • One month free cover
30 June 2017Find out more about fund
HBF (WA only)
  • Get a rebel gift card worth up to $300 for families or couples OR $200 for singles when you take out a combined WA hospital and extras policy
30 June 2017Find out more about fund
HCF
  • Extras waiting periods waived and one month free on combined policies
30 June 2017Get deal
health.com.au
  • Extras waiting periods waived and one month free on combined policies
30 June 2017Find out more about fund
HIF
  • Exclusive: $50 bonus cash card with any HIF policy
n/aGet deal
Medibank
  • Get a $300 Rebel eGift Card as a family or couple, or $150 as a single OR single parent when you get a combined hospital and extras cover
n/aFind out more about fund
NIB
  • Get a $200 gift card when you take out a combined hospital and extras policy
30 June 2017Get nib 
Nurses & Midwives Health
  • Six weeks free cover OR one months free cover PLUS get two and six month extras waiting periods waived when you take out a combined hospital and extras
30 June 2017Find out more about fund
Peoplecare
  • Get a $100 gift card when you take out a hospital or combo policy
n/aFind out more about fund
Qantas Assure
  • Join Qantas Assure on an eligible couples or family policy and you can earn up to 75,000 Qantas Points.
10 July 2017Find out more about fund
RT Health
  • Join rt health go into the draw to win a $750 Bunnings gift card
31 July 2017Find out more about fund
St.Lukes Health
  • Get a $100 Gift Card and two, three and six month extras waiting periods waived when you take out a combined hospital and extras policy
30 June 2017Find out more about fund
Teachers Health Fund
  • Six weeks free cover OR one months free cover PLUS get two and six month extras waiting periods waived when you take out a combined hospital and extras
30 June 2017Get deal
UniHealth
  • Six weeks free cover OR one months free cover PLUS get two and six month extras waiting periods waived when you take out a combined hospital and extras
30 June 2017Get deal
WestfundTake out a combined hospital and extras and receive:

  • Waiver of two month extras waiting periods benefits
  • One month free
  • 20% discount on registration for the Yeppoon Running Festival
31 July 2017Find out more about fund

Compare your health insurance options this EOFY

Latest health headlines

Picture: Shutterstock

Compare health insurance on finder.com.au

Ask a Question

You are about to post a question on finder.com.au

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Disclaimer: At finder.com.au we provide factual information and general advice. Before you make any decision about a product read the Product Disclosure Statement and consider your own circumstances to decide whether it is appropriate for you.
Rates and fees mentioned in comments are correct at the time of publication.
By submitting this question you agree to the finder.com.au privacy policy, receive follow up emails related to finder.com.au and to create a user account where further replies to your questions will be sent.

Ask a question
feedback