5 deals to avoid the April health insurance premium hike

Posted: 29 March 2022 3:45 pm
News
Premium hike

Big insurers including Medibank and ahm don't plan to increase premiums until later in the year. Here's 5 deals to help you switch and save before April 1.

Like clockwork, health insurance premiums are set to go up again on April 1.

But there's some good news. In response to the COVID-19 pandemic, not all funds are raising prices – so now is a good time to switch and save.

Plus, a bunch of insurers are doing deals that expire at the end of March. If you switch before April 1, you could save hundreds on your policy.

one

Medibank: Lock in current prices until October, get 6 weeks free + skip waiting periods

Medibank premiums aren't going up until October and they're currently offering 6 weeks free on eligible policies. Plus, they'll waive 2 and 6 month waiting periods on extras like general dental, optical and physio.

Code VERIFIED

Want 6 weeks free plus 2&6 month waits waived on extras?

Expires 12 Apr 2022
Join eligible Medibank hospital and extras cover by April 12 and you could get 6 weeks free plus 2&6 month waits waived on extras. New members only. T&Cs apply. Find out more.
two

ahm: Lock in current prices until October, get 6 weeks free + skip waiting periods

ahm also don't plan to increase premiums until 1 October – 6 months later than most. On top of that, they're currently offering 6 weeks free and you can skip 2 and 6 month waiting periods on extras.

Code VERIFIED

Want 1 month free? Plus, any 2&6 month waits on extras waived

Expires 2 May 2022
New joins on hospital & extras by May 2. Find out how.
four

Qantas. Lock in current prices until September and get up to 120,000 Qantas Points

Qantas isn't raising its prices until September. If you sign up with them now, you can earn up to 120,000 Qantas Points. 2 and 6 month waiting periods on extras will also be waived when you take out combined hospital and extras cover.

Deal VERIFIED

Join and earn up to 110,000 Qantas Points

Expires 31 May 2022
Quality health cover, plus rewards? Join Qantas Health Insurance and it could all be yours. Eligibility criteria and T&Cs apply.
five

HCF: Lock in current prices until November

HCF is delaying its price increase until 1 November 2022 – that's the longest out of all Australian insurers. They're not doing sign up offers but if you're happy to prepay for the next 18 months, you could lock in 2021 prices until 2024.

five

Nib: Price delay until September, plus 6 weeks free

nib plans to defer its 2.66% price increase until September 1 2022. It's also currently giving you 6 weeks free when you choose any hospital + extras policy by 31 March. Plus, you can skip the 2 and 6 month wait on extras.

Switched funds yet? You can compare more health insurance options on our homepage.

Save on your health insurance

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