Premium review

Premium changes came into effect on 1 April 2024.

Learn more about why premiums are reviewed annually by health funds below.

Each year health insurers review the cost of healthcare and use this information to adjust premiums. These changes usually take place in April and can only occur once per year.

Why are premiums reviewed annually?

Put simply, the cost of healthcare delivery continues to increase in Australia. Costs are driven by:


Increased cost of health service delivery


An ageing population and people living longer


Increases in chronic conditions


New medical technologies and treatments


Frequently Asked Questions