Overview

• Private health insurance premiums in Australia will rise by an average of 3.73% starting April 1, 2025.
• This year's increase is the highest since 2018, exceeding last year's 3.03% hike, and comes amid rising healthcare costs.
• Health Minister Mark Butler required insurers to resubmit their proposed increases three times before approving the final average rate.
• Some insurers, like Police Health, will implement significantly higher increases of up to 9.56%, while others, including six smaller providers, will not raise premiums at all.
• The rise impacts over half of Australia's population, with healthcare costs expected to be a central issue in the upcoming federal election.