Finder makes money from featured partners, but editorial opinions are our own.

Silver health insurance

Silver hospital insurance is the second most comprehensive tier of hospital coverage you can buy. It's available from around $29 a week*.

What you need to know

  • Silver tier hospital policies are the second most comprehensive hospital insurance policies available in Australia (second only to Gold).
  • The cheapest silver hospital policies start from around $28 a week.
  • Silver hospital insurance covers hospital treatments including dental surgery, back, neck and spine.

Pros and cons of Silver health insurance

Pros

  • A good level of cover for treatment in a private hospital
  • Includes cover for heart and vascular system related treatments
  • Many Silver plus policies offer a lot of flexibility around which Gold treatments you need covered

Cons

  • While cheaper than Gold, Silver cover is still on the pricier end, generally costing around $115+ per month
  • Silver policies cover some uncommon treatments that not everyone needs cover for
  • Doesn't cover outpatient services without additional extras cover

Compare more Silver health insurance policies

The following table shows insurers from Finder partners that offer Silver health insurance policies. All prices are based on a single individual with less than $93,000 income and living in Sydney.

1 - 20 of 26
Name Product Treatments Price Apply
HCF HOSPITAL STANDARD SILVER PLUS
Silver Plus$750 excess
  • Lung and chest
  • Back neck and spine
  • Cataracts
  • Joint replacements
  • Blood
  • Dental surgery
  • Palliative care
  • Pregnancy and birth
  • +24 other treatments covered
$114.03
per month
Silver Plus Hospital 750
Silver Plus$750 excess
  • Lung and chest
  • Back neck and spine
  • Cataracts
  • Joint replacements
  • Blood
  • Dental surgery
  • Palliative care
  • Pregnancy and birth
  • +24 other treatments covered
$123.61
per month
HCF HOSPITAL STANDARD SILVER PLUS
Silver Plus$500 excess
  • Lung and chest
  • Back neck and spine
  • Cataracts
  • Joint replacements
  • Blood
  • Dental surgery
  • Palliative care
  • Pregnancy and birth
  • +24 other treatments covered
$125.11
per month
  • Lung and chest
  • Back neck and spine
  • Cataracts
  • Joint replacements
  • Blood
  • Dental surgery
  • Palliative care
  • Pregnancy and birth
  • +26 other treatments covered
$127.71
per month
Silver Hospital $750/$1500
Silver Plus$750 excess
  • Lung and chest
  • Back neck and spine
  • Cataracts
  • Joint replacements
  • Blood
  • Dental surgery
  • Palliative care
  • Pregnancy and birth
  • +24 other treatments covered
$133.10
per month
  • Lung and chest
  • Back neck and spine
  • Cataracts
  • Joint replacements
  • Blood
  • Dental surgery
  • Palliative care
  • Pregnancy and birth
  • +26 other treatments covered
$138.05
per month
Silver Hospital $500/$1000
Silver Plus$500 excess
  • Lung and chest
  • Back neck and spine
  • Cataracts
  • Joint replacements
  • Blood
  • Dental surgery
  • Palliative care
  • Pregnancy and birth
  • +24 other treatments covered
$138.91
per month
HCF HOSPITAL STANDARD SILVER PLUS
Silver Plus$250 excess
  • Lung and chest
  • Back neck and spine
  • Cataracts
  • Joint replacements
  • Blood
  • Dental surgery
  • Palliative care
  • Pregnancy and birth
  • +24 other treatments covered
$139.55
per month
Silver Hospital $200/$400
Silver Plus$200 excess
  • Lung and chest
  • Back neck and spine
  • Cataracts
  • Joint replacements
  • Blood
  • Dental surgery
  • Palliative care
  • Pregnancy and birth
  • +24 other treatments covered
$152.10
per month
Frank Max Hospital 750 (Silver+)
Silver Plus$750 excess
  • Lung and chest
  • Back neck and spine
  • Cataracts
  • Joint replacements
  • Blood
  • Dental surgery
  • Palliative care
  • Pregnancy and birth
  • +24 other treatments covered
$169.10
per month
Silver Plus Hospital $750
Silver Plus$750 excess
  • Lung and chest
  • Back neck and spine
  • Cataracts
  • Joint replacements
  • Blood
  • Dental surgery
  • Palliative care
  • Pregnancy and birth
  • +27 other treatments covered
$171.78
per month
  • Lung and chest
  • Back neck and spine
  • Cataracts
  • Joint replacements
  • Blood
  • Dental surgery
  • Palliative care
  • Pregnancy and birth
  • +26 other treatments covered
$174.38
per month
  • Lung and chest
  • Back neck and spine
  • Cataracts
  • Joint replacements
  • Blood
  • Dental surgery
  • Palliative care
  • Pregnancy and birth
  • +27 other treatments covered
$178.45
per month
Silver Plus Hospital $750/$1500
Silver Plus$750 excess
  • Lung and chest
  • Back neck and spine
  • Cataracts
  • Joint replacements
  • Blood
  • Dental surgery
  • Palliative care
  • Pregnancy and birth
  • +27 other treatments covered
$180.26
per month
  • Lung and chest
  • Back neck and spine
  • Cataracts
  • Joint replacements
  • Blood
  • Dental surgery
  • Palliative care
  • Pregnancy and birth
  • +27 other treatments covered
$180.90
per month
Silver Plus Hospital $500
Silver Plus$500 excess
  • Lung and chest
  • Back neck and spine
  • Cataracts
  • Joint replacements
  • Blood
  • Dental surgery
  • Palliative care
  • Pregnancy and birth
  • +27 other treatments covered
$181.44
per month
  • Lung and chest
  • Back neck and spine
  • Cataracts
  • Joint replacements
  • Blood
  • Dental surgery
  • Palliative care
  • Pregnancy and birth
  • +26 other treatments covered
$183.73
per month
  • Lung and chest
  • Back neck and spine
  • Cataracts
  • Joint replacements
  • Blood
  • Dental surgery
  • Palliative care
  • Pregnancy and birth
  • +27 other treatments covered
$188.07
per month
Silver Plus Advanced Hospital 750
Silver Plus$750 excess
  • Lung and chest
  • Back neck and spine
  • Cataracts
  • Joint replacements
  • Blood
  • Dental surgery
  • Palliative care
  • Pregnancy and birth
  • +27 other treatments covered
$189.13
per month
Silver Plus Hospital $500/$1000
Silver Plus$500 excess
  • Lung and chest
  • Back neck and spine
  • Cataracts
  • Joint replacements
  • Blood
  • Dental surgery
  • Palliative care
  • Pregnancy and birth
  • +27 other treatments covered
$189.91
per month
loading
Alanna Glenn

I originally signed up for a Gold insurance policy because I wanted to cover everything. As it turns out, a Silver policy covered everything I needed so I dropped down a tier and save money on my repayments every month.
— Alanna Glenn, lead publisher (money)

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.

Start comparing for freeStart comparing for free

Finder survey: How many Australians in different states think hospital insurance is worth it?

ResponseWAVICSAQLDNSW
Somewhat42.45%34.44%30.67%37.06%42.17%
Yes33.02%34.81%42.67%30.46%37.38%
No24.53%30.74%26.67%32.49%20.45%
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.

Best Health Insurance - Silver Hospital

HCF health insurance

HCF - Hospital Standard Silver Plus

HCF's Hospital Standard Silver Plus ranked in first place out of all of the eligible silver policies we analysed. The not-for-profit health fund's policy costs approximately $30 per week and covers treatments including digestive system, heart and vascular system and back, neck and spine.

Health insurance methodology

Highly commended

HBF health insurance

HBF - Silver Hospital

HBF's Silver Hospital policy ranked in second place out of all of the eligible silver policies we analysed as part of the awards. The not-for-profit health fund's policy costs approximately $28 per week and covers 30 treatments including heart and vascular system, back, neck and spine, digestive system and dental surgery.

Qantas health insurance

Qantas Insurance - Qantas Silver Hospital

Qantas Silver Hospital policy ranked in third place out of all of the eligible silver policies we analysed as part of the Finder awards. The fund's policy costs around $25 per week and covers a number of treatments including heart and vascular system, digestive system and dental surgery.

What are the hospital health insurance tiers?

Each of the different health insurance tiers has to cover a standardised set of treatments. Here's a quick summary of each tier.
Gold hospital cover icon

Gold hospital cover

Gold-tier hospital insurance covers all 38 treatments outlined by the Australian government. This includes treatments like joint replacements, pregnancy and insulin pumps, as well as all services covered by Silver-tier policies.

Average premium: $219.35 a month for a single policy.
Lowest premium: $162.44 a month for a single policy.
Silver hospital cover icon

Silver hospital cover

Silver-tier hospital insurance covers at least 26 treatments outlined by the Australian government. This includes treatments like dental surgery, lung and chest, and podiatric surgery, as well as all services covered by Bronze-tier policies.

Average cost: $148.21 a month for a single policy.
Lowest premium: $102.50 a month for a single policy.
Bronze hospital cover icon

Bronze hospital cover

Bronze-tier hospital insurance covers at least 18 treatments outlined by the Australian government. This includes treatments like joint reconstructions, gynaecology, and ear, nose and throat, as well as all services covered by Basic-tier policies.
Average cost: $98.73 a month for a single policy.
Lowest premium: $86.34 a month for a single policy.
Basic hospital cover icon

Basic hospital cover

Basic-tier hospital insurance isn't required to fully cover any treatments outlined by the Australian government, but it does need to have restricted cover for rehabilitation, hospital psychiatric services and palliative care. Generally, Basic cover is primarily used to avoid the Medicare Levy Surcharge and Lifetime Health Cover loading.

Average cost: $84.13 a month for a single policy.
Lowest premium: $76.90 a month for a single policy.

*Average 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.

Who might need Silver cover?

couple icon

Those not looking to start a family

If you're not planning to start a family in the near future but still want reasonable coverage, then a Silver policy might be a good choice for you. It provides you with a range of benefits but doesn't provide cover for clinical categories you're not going to use, such as pregnancy and birth, and assisted reproductive services. Some sub-groups of people this might include are:

  • Established singles that want a good level of cover
  • Couples or partners without children
  • Families with children that aren't planning to have any more

Old man

Older Australians

Silver-tier cover provides a range of benefits that are suitable for older Australians. However, there are some treatments that may be important for some older people that aren't available with all Silver policies. Here are some examples:

Mandatory in Silver cover
  • Heart and vascular system
  • Lung and chest
  • Blood
  • Back, neck and spine
Not mandatory in Silver cover
  • Cataracts
  • Joint replacements
  • Weight loss surgery
  • Insulin pumps

surgeon icon

People with specific needs

The Silver-tier covers more specialised treatments than Bronze cover, so can be useful for people with more specific medical needs that they need coverage for. Additionally, many providers offer 'Silver plus' policies with cover for a small selection of Gold-tier treatments. These policies add a lot of flexibility for people who want coverage for some Gold-tier treatments, but don't need the highest level of coverage.

Why you can trust Finder's health insurance experts

free

We're free

Our health insurance engine is completely free to use. You pay the same as buying directly from the health insurer. Better still, we regularly run exclusive deals that you won't find on any other site.
expert advice

We're experts

We've researched and rated hundreds of policies as part of our Finder Awards. We've published 250+ guides and our in-house experts regularly appear on Sunrise, 7News and SBS News.
independent

We're independent

Unlike other comparison sites, we're not owned by an insurer. That means our opinions are our own and you can compare nearly every health fund in Australia on the site (and find a better deal).
help

We're here to help

Since 2014, we've helped 350,000+ people find health insurance by explaining your options simply. We'll never ask for your number or email to see prices. We're here to help you make a decision.

Silver health insurance: Frequently asked questions

More guides on Finder

Go to site