- Australia's largest health fund
- 100% back on dental check-ups
- 24/7 Medibank Nurse phone service
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There's no single health insurance that's best for everyone as all our needs are different, and what's best for you might not be best for someone else.
We chose Medibank as the most popular fund because:
Furthermore, Medibank offers wide ranging policies and a comparatively high standard of out-of-hospital services. For example, it has excellent phone support. Plus, score discounts of up to 25% on shopping with the likes of Fitbit and Motherworld. Read more about Medibank health cover.
Here are a couple of good value Medibank policies that might be right for you:
We settled on ahm lifestyle extras as the best for waiting periods because:
To make our top pick, we looked at the extras policies of every non-restricted health fund in Australia to compare waiting periods for "extras only" options. Find out more about ahm's range of health insurance plans.
Here are a couple of good value ahm policies that might be right for you:
Hoping to avoid the Medicare Levy Surcharge in the future? We chose Frank's Entry Hospital (Basic+) because:
Frank's Entry Hospital (Basic+) policy is one of the cheapest hospital cover plans available in 2021. It costs around $75 a month for a single policy based in New South Wales. Discover this and more private health options with Frank.
Here are a couple of good value Frank policies that might be right for you:
We selected HBF as our choice for lowest complaints because:
We compared the number of complaints received by each fund and compared it to market share. The data came from the Commonwealth Ombudsman's State of the Health Funds Report for 2020. HBF had the lowest complaints ratio of any open fund with at least a 0.5% national market share.
HBF is also one of the largest not-for-profit funds in Australia, with a range of good value policies. It also has the highest number of medical services with either no gap or a known gap payment in the country. Read more on our HBF health insurance review.
Here are some great value hospital policies from HBF, one each from Basic Plus, Bronze Plus and Gold tiers.
We chose HCF as our top not-for-profit provider because:
Finder's health insurance engine algorithm picked HCF ahead of 10 other not-for-profit health funds in Australia. Read our full review on HCF.
Here are a couple of good value Frank policies that might be right for you:
The tool below lets you find the best health insurance for you by comparing over 30 providers side-by-side. You can also filter your results for the benefits that are most important to you.
No health fund is perfect for everyone. Some focus on specific regions, some are only open to particular groups, and some operate for a profit, while others don't.
However, there are a few important points to consider when choosing your health fund, including how partner networks operate, how excesses and waiting times are applied, and what out of pocket costs you should expect.
Others, including HCF, offer travel and accommodation benefits while some, such as Bupa and Medibank, are rolling out online health services and live video conferencing with medical professionals.
Private hospital cover is available in 4 different tiers: basic, bronze, silver and gold, which provide increasingly comprehensive cover as you ascend through the levels.
However, this doesn't mean that all gold policies will be the same; features still vary between different policies, so it's important to compare before you buy.
You can choose health insurance that matches the needs of you and your family, whether you're just in the planning stage, you've already got children or you're wrangling unruly teenagers. Make sure to look out for some key features which might be particularly useful:
Extras cover is designed to help with the cost of non-hospital healthcare, so things like dental treatments, prescription glasses and physiotherapy are usually included. Emergency ambulance transport can also fall under extras, along with psychology consultations.
There are some important factors to consider when choosing which extras cover is best for you.
For example, nib's Core and Family Extras policy doesn't include psychology treatments but Medibank's Top Extras 55 policy will pay out $200 towards psychology treatments.
For example, ahm's Lifestyle Extras cover has no waiting period on optical or routine dental. However, CUA's Classic Extras cover, which costs a similar amount, comes with a 6-month waiting period for optical and a 2-month wait for routine dental.
The below table shows the average amount of costs covered by service:
|Fund name (open membership funds)||Dental ||Optical ||Physiotherapy||Psychology|
|Medibank (includes ahm)||53.50%||68.90%||46.50%||32.20%|
 For some funds, the data does not take account of discounts at some providers or fund Dental / Optical centres.
Check the deals below before buying health insurance and you could save money on your premium or get a reward for signing up.
*Disclaimer: The products compared on this page are chosen from a range of offers available to us and are not representative of all the products available in the market. There is no perfect order or perfect ranking system for the products we list on our Site, so we provide you with the functionality to self-select, re-order and compare products. The initial display order is influenced by a range of factors including conversion rates, product costs and commercial arrangements, so please don't interpret the listing order as an endorsement or recommendation from us. We're happy to provide you with the tools you need to make better decisions, but we'd like you to make your own decisions and compare and assess products based on your own preferences, circumstances and needs.
Learn the pros and cons of private vs public health in this handy guide to the differences between public and private health insurance.
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