Finder makes money from featured partners, but editorial opinions are our own.
Health Insurance Victoria
Victoria is Australia’s most expensive state for health insurance, so it pays to compare. Victorians are also the less likely that average to have private health insurance in the first place!
42.4% of Victorians have hospital cover. 50.2% have extras cover.
Victorians are quite a bit less likely to have hospital or extras cover than the average Aussie.
The price of health insurance in Victoria is higher than every other state.
The price of hospital insurance in Victoria
Victorian hospital premiums are the highest in the country, which sucks. However, premiums are standardised by state, so you'll pay the same whether you live in Melbourne, Morwell or Mildura. The table below lists the average monthly premiums for hospital policies from each of the 4 coverage tiers with a $750 excess. The prices are for a single person earning less than $93,000 a year living in Melbourne. The numbers are updated monthly.
42.4% of Victorians have hospital cover, while 50.2% have extras cover. That's less than the national averages, especially for extras. See the table below for more details. These numbers come from APRA's quarterly health insurance statistics in August 2023.
Hospital Cover
Extras cover
VIC
42.4%
50.2%
Australia
45.1%
55.0%
Hospital
Extras
Australia
45.1%
55.0%
NSW
46.6%
57.5%
VIC
42.4%
50.2%
QLD
41.1%
48.2%
SA
44.7%
59.5%
WA
54.4%
69.1%
TAS
41.5%
49.4%
ACT
53.8%
66.2%
NT
39.8%
44.7%
Why compare health insurance with Finder?
We don't ask for your phone or email to see prices.
With 1 click, you can open your results to nearly every fund in Australia.
You pay the same price as going direct – we charge no fees.
Depending on your age, you may be eligible for an
aged-based discount. This is used to estimate your
rebate.
Under 65
65 - 69
70 or older
What's your household's taxable income?
This is the combined income you and your spouse earn before tax. It's needed to calculate the correct Australian government rebate.
$93,000 and under
$93,001 to $108,000
$108,001 to $144,000
$144,001 and over
What kind of health insurance do you need?
Combined (Extras + Hospitals)
Extras
Hospital
What level of hospital coverage would you like?
You can change this at any time later.
Legend
Covered
Restricted cover, You may be partially covered for
this category.
Not covered. Optional for insurer to include.
*Prices updated March 2024, in line with Finder's
database of health insurance policies. Prices are based
on a single individual with less than $93,000 income and
living in Sydney with a $750 excess.
What extras cover do you need? (Optional)
Select as many as you want or move to the next step
Preventative & general dental
Major dental & implants
Optical
Physiotherapy
Podiatry
Non-PBS pharmaceuticals
Chiropractic
Emergency ambulance
Remedial massage
Email me my results (optional)
To get a copy of your results for later, add your email below
You'll pay the same price as going direct - we don't
charge fees
We don't ask for your phone number to see prices
Hang tight - we're fetching policies just for you!
Comparing quotes from 30+ funds...
Finder survey: What are the main reasons Australians in different states have hospital insurance?
Response
WA
VIC
SA
QLD
NSW
Peace of mind
38.68%
34.81%
32%
35.53%
34.5%
To avoid public surgery waiting lists
24.53%
22.22%
26.67%
24.37%
23.32%
To get better health care as I get older
20.75%
10.74%
12%
8.63%
14.38%
For tax reasons
16.04%
13.7%
10.67%
9.64%
17.25%
To have a private hospital room
13.21%
9.26%
13.33%
10.15%
9.9%
To get better health care for my family
8.49%
10.37%
9.33%
7.61%
10.54%
To pick my own surgeon
8.49%
7.41%
4%
6.6%
7.03%
To cover a specific issue (non-pregnancy)
3.77%
4.44%
3.55%
4.79%
For pregnancy cover
2.83%
2.22%
1.33%
2.03%
3.19%
None of the above
0.94%
0.74%
0.64%
Other
0.37%
0.96%
Source: Finder survey by Pure Profile of 1006 Australians, December 2023 Data for ACT, NT, TAS not shown due to insufficient sample size. Some other states may also be excluded for this reason.
Why you can trust Finder's health insurance experts
You pay nothing. Finder is free to use. And you pay the same as going direct. No markups, no hidden fees.
You save time. We spend 100s of hours researching health insurance so you can sort the gold from the junk faster.
You can trust us. We say it like it is. We aren't owned by an insurer and our opinions are our own.
Frequently asked questions
It's impossible to point to one specific 'best' health insurance policy, because everyone's need are different. When you compare different health insurance policies you'll need to consider your lifestage, cover needs and budget. We can help with that, but the final decision of what is 'best' is up to you.
Unfortunatley, health insurance is more expensive in Victoria than in other states. This is because the price of health insurance varies slightly by state, for reasons including taxes and the cost of private hospital care.
Tim Bennett is a Finder insurance & utilities expert. For over 10 years he's reported on news, politics, finance and other topics as a journalist and radio presenter. Tim's roles have included radio news reader and breakfast at the ABC, news producer for SBS and producer for Fairfax Media. Tim regularly appears as a health insurance expert on programs like Sunrise and SBS news, as well as in the Australian, The Daily Telegraph, The Courier Mail and more. See full bio
Tim's expertise
Tim has written 115 Finder guides across topics including:
Prenatal care in Australia is covered by Medicare, meaning it’s mostly free through the public system. You can choose to go private, which comes with a lot of benefits – but there are out-of-pocket expenses to watch out for.
Do you qualify for Defence Health health insurance? Find out what you could receive and what options are available to ADF members as well as their families and siblings.
Looking for health cover but aren't sure which policy is best? This article looks at Australian Unity's health insurance options and helps you decide whether any of its policies are what you need.
As a not-for-profit brand, HIF is able to offer low premiums across both hospital and extras policies.
Feedback
How likely would you be to recommend Finder to a friend or colleague?
0
1
2
3
4
5
6
7
8
9
10
Very UnlikelyExtremely Likely
Required
Thank you for your feedback.
Our goal is to create the best possible product, and your thoughts, ideas and suggestions play a major role in helping us identify opportunities to improve.
Important information about this website
finder.com.au is one of Australia's leading comparison websites. We are committed to our readers and stands by our editorial principles
We try to take an open and transparent approach and provide a broad-based comparison service. However, you should be aware that while we are an independently owned service, our comparison service does not include all providers or all products available in the market.
Some product issuers may provide products or offer services through multiple brands, associated companies or different labeling arrangements. This can make it difficult for consumers to compare alternatives or identify the companies behind the products. However, we aim to provide information to enable consumers to understand these issues.
We make money by featuring products on our site. Compensation received from the providers featured on our site can influence which products we write about as well as where and how products appear on our page, but the order or placement of these products does not influence our assessment or opinions of them, nor is it an endorsement or recommendation for them.
Products marked as 'Top Pick', 'Promoted' or 'Advertisement' are prominently displayed either as a result of a commercial advertising arrangement or to highlight a particular product, provider or feature. Finder may receive remuneration from the Provider if you click on the related link, purchase or enquire about the product. Finder's decision to show a 'promoted' product is neither a recommendation that the product is appropriate for you nor an indication that the product is the best in its category. We encourage you to use the tools and information we provide to compare your options.
Where our site links to particular products or displays 'Go to site' buttons, we may receive a commission, referral fee or payment when you click on those buttons or apply for a product. You can learn more about how we make money.
When products are grouped in a table or list, the order in which they are initially sorted may be influenced by a range of factors including price, fees and discounts; commercial partnerships; product features; and brand popularity. We provide tools so you can sort and filter these lists to highlight features that matter to you.
Please read our website terms of use and privacy policy for more information about our services and our approach to privacy.
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.