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Private Health Insurance Hikes: Australians Struggle

Published 6 days, 2 hours ago
Description

Private health insurance premiums in Australia surge by 4.41%, the largest increase since 2017, adding $80-$160 annually for policyholders. Our survey reveals that nearly one-third of Aussies cant afford it, with many dropping coverage due to high costs. Despite the hike, 80% plan to keep their plans, especially older Aussies concerned about public hospital waits. As living expenses rise, many are cutting back on essentials, with some fearing they may have to leave their homes if costs continue to climb.

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