Health Insurance Victoria
Victoria is Australia’s most expensive state for health insurance, so it pays to compare. Compare extras cover from just $4 per week and hospital cover from just $20 per week.
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Compare VIC health insurance
If you're ready to compare health insurance, the tool below can help you compare 30+ providers for free. Make sure you put a Victorian post code in to see your local prices.
What does health insurance cover in Victoria?
Hospital onlyHospital cover helps pay for treatment in a VIC private hospital.
Extras onlyExtras helps pay for treatment outside of hospitals, such as optical, dental and physio.
CombinedCombined hospital and extras cover helps pay for both hospital treatment and the cost of extras.
The price of health insurance in Victoria
Health insurance is highly regulated in Australia, so each policy has a standard price. However, policy prices do vary by state, thanks to different taxes and duties, as well as the cost of private hospital care.
Unfortunately, Victoria has some of the highest premiums in the country, closely followed by Queensland and Tasmania. We compared around 12,000 different price points for singles cover, and Victoria had an average monthly premium of $142.31 (before rebates), higher than the national average of $128.08. If cost is important to you, read our page on cheap health insurance.
*Prices are an average of over 12,000 price points in each state for singles hospital insurance and combined policies, with no rebates or discounts applied. Not all policies on the market were compared.
VIC health insurance statistics
The table below has some of the most interesting details about health insurance in Victoria. The numbers come from APRA's 2020 health insurance data.
|People with hospital cover (#)||2,708,000||11,336,000|
|People with hospital cover (%)||40.60%||44.1%|
|Annual change in coverage (%)||0.50%||0.9%|
The largest health funds in Victoria
The table below lists the 10 largest health funds in Victoria, based on market share across the state. These numbers come from the Commonwealth Ombudsman 2020 State of the Health Funds Report. A high market share doesn't directly equate to quality, but it may be something to consider if you appreciate the support of a popular fund.
Note: Medibank includes both Medibank and ahm.
|Health fund||Market share in VIC|
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