We know everything feels more expensive right now, so here’s a small win. 

In 2026, Frank members will get the lowest premium increase in the industry average, making it a little easier to keep the cover you count on. 

The average premium increase for GMHBA Limited, (which includes all Frank Health Insurance covers), for 2026 will be 1.98 per cent*.  

Frank Brand Manager Nick Ilievski said the pricing decision reinforced the commitment to giving members access to affordable private health insurance.  

“Healthcare costs go up every year thanks to new tech, more services, people living longer,” he said. 

“Keeping premium increases as low as possible helps you stay covered and keep using your insurance when you need it most.” 

At Frank, the focus is easy: simple cover that works for real life. 

Members can see exactly what this means for their policy by checking their upcoming premium notice or visiting the Frank website for more details. 

*Provided there are no changes to any discounts or the Australian Government Rebate on private health insurance applied to the members’ premium and they remain on the same type and level of cover. Rebate percentages (rates) will be adjusted effective from 1 April 2026