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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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What you need to know

  • The largest health funds in Victoria are Medibank (33.0%), Bupa (23.0%) and nib (8.6%).
  • VIC residents are less likely to have hospital cover than the average Australian.
  • The cost of singles health cover in VIC is higher than every other state, followed by Queensland and Tasmania.

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.

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Compare prices from 30+ Aussie funds in under 30 seconds.

What does health insurance cover in Victoria?


Hospital only

Hospital cover helps pay for treatment in a VIC private hospital.

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Extras only

Extras helps pay for treatment outside of hospitals, such as optical, dental and physio.

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Combined hospital and extras cover helps pay for both hospital treatment and the cost of extras.

Learn more

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.

StateAverage premium

*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 (#)2,708,00011,336,000
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 fundMarket share in VIC
Australian Unity6.60%
Defence Health*2.70%
Teachers Health*1.60%

*Restricted fund

Frequently asked questions

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2 Responses

  1. Default Gravatar
    ChristineApril 12, 2017

    To where do I post a Medicare claim?

    I have tried the various electronic options and they don’t work.

    For mobility reasons
    I can’t get to our nearest Medicare Centre (Windsor)

    Can I post the claim to your Windsor (3181) street address?


    • Avatarfinder Customer Care
      ZubairApril 12, 2017Staff

      Hi Christine,

      Thank you for your question.

      You will need to contact Windsor Service Center directly to confirm if they have an option of claim via post. You can also call Services Australia about payments and services for Medicare.

      All the best,

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