Have you fallen for these health insurance myths?

This article is more than 5 years old. Some information may no longer be current.
Posted:
News

Buying health insurance is an important decision - but there are so many myths and misconceptions floating around, that it can be tough to separate fact from fiction.

We want to quash some of those persistent myths once and for all - and test Australia's understanding of health insurance while we're at it - so we created this quick, 2-minute quiz.

Bust the health insurance myths

Don't miss these health insurance tips

How did you do? Are you a health insurance pro, or could you do with a little expert advice? If you're thinking about buying health insurance, always remember these facts so you can make an informed decision. They might even help you find a better deal!

  • You can split your hospital and extras cover
  • Extras cover includes ambulance cover
  • Couples don't pay less for health insurance
  • You won't pay more if you're old or sick
  • Hospital cover could help you cut your tax bill
  • You might get a discount for paying annually
  • You won't be charged for cancelling your policy
  • You don't need to re-serve waiting periods if you switch
  • Extras can cover things like prescription sunglasses and gym memberships
  • Some kids can stay on their parent's health insurance until they're 25

Here's some April 2025 health insurance deals

Name Product

Get up to $1000 cashback

Ends 01 May 2025

For new members who join by 1st May and maintain hospital and extras cover. T&Cs apply.


Want 6 weeks free and $500 in gift cards (couples/families) or $250 in gift cards (singles/single parents) when you join and maintain eligible Bronze Hospital+Extras cover or above?

New members only. T&Cs apply. Excludes Basic covers.


Switch or join and earn up to 130,000 Qantas Points

Ends 28 May 2025

Plus, get 60-75% back on Extras (up to your annual limit) for things like dental, physio and glasses costs. Points will be awarded based on your level of cover over 6 months. Eligibility criteria and T&Cs apply.


Want 6 weeks free + a $50 gift card when you join & maintain eligible Extras?

Plus, get 2&6 month waits waived. New members only. T&Cs apply. Excludes Healthy Living Extras.


Want 6 weeks free and $400 in gift cards (couples/families) or $200 in gift cards (singles/single parents) when you join and maintain eligible Bronze Hospital cover or above?

New members only. T&Cs apply. Excludes Basic covers.


Join directly on eligible cover & get up to 12 weeks free

Ends 23 April 2025

T&Cs apply. New members only. Ends 23 Apr. 12 weeks free applied over 2 years (3 years for annual payers).


Get 10 weeks free

Ends 30 April 2025

Join a combined Hospital + Extras policy online with nib by April 30. T&Cs apply.


Get 8 weeks free

Ends 30 April 2025

Get 8 weeks free & instant access to Extras when you join Hospital & Extras By April 30. T&Cs Apply. Learn more.

loading

Ask a question

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms Of Service and Finder Group Privacy & Cookies Policy.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Go to site
Premiums are increasing on April 1. Find the right cover