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Private Health Insurance Hike – Average premium increases by insurer by year

Insurer Average increase with rate protection (%) 2013 2014 2015 2016 2017 2018 2019 ACA Health Benefits Fund Limited 5.89% 5.78% 4.96% 6.19% 4.70% 2.72% 3.23% Australian Unity Health Limited 5.23% 6.62% 6.26% 5.05% 4.46% 3.89% 3.35% BUPA HI Pty Ltd 5.80% 6.35% 5.59% 5.69% 4.90% 3.99% 2.99% CBHS Corporate Health Pty Ltd         2.98% 2.38% 3.68% CBHS Health Fund Limited 4.59% 5.61% 6.58% 5.92% 3.29% 2.73% 3.67% Cessnock District Health Benefits Fund Limited 5.55% 5.36% 6.99% 6.19% 6.57% 6.40% 3.90% CUA Health Limited 4.62% 5.47% 6.35% 8.95% 4.97% 3.29% 4.19% Defence Health Limited 4.02% 5.34% 5.62%…

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InsurerAverage increase with rate protection (%)
2013201420152016201720182019
ACA Health Benefits Fund Limited5.89%5.78%4.96%6.19%4.70%2.72%3.23%
Australian Unity Health Limited5.23%6.62%6.26%5.05%4.46%3.89%3.35%
BUPA HI Pty Ltd5.80%6.35%5.59%5.69%4.90%3.99%2.99%
CBHS Corporate Health Pty Ltd    2.98%2.38%3.68%
CBHS Health Fund Limited4.59%5.61%6.58%5.92%3.29%2.73%3.67%
Cessnock District Health Benefits Fund Limited5.55%5.36%6.99%6.19%6.57%6.40%3.90%
CUA Health Limited4.62%5.47%6.35%8.95%4.97%3.29%4.19%
Defence Health Limited4.02%5.34%5.62%5.48%5.51%5.97%4.50%
Doctors’ Health Fund Pty Ltd, The3.78%4.23%3.98%3.76%3.54%2.28%2.94%
Emergency Services Health Pty Ltd     3.36%3.25%
GMHBA Limited5.23%5.94%6.43%5.44%4.94%4.34%3.31%
Grand United Corporate Health Limited3.23%3.46%4.32%4.26%4.11%2.84%1.80%
HBF Health Limited3.75%3.72%5.96%4.94%5.96%3.75%1.94%
Health Care Insurance Ltd3.97%5.34%6.12%6.90%6.06%8.90%5.53%
Health Insurance Fund of Australia Limited4.47%2.98%4.49%6.55%7.99%5.35%4.77%
Health Partners Limited3.40%3.14%5.76%7.14%5.10%3.95%3.18%
health.com.au Pty Ltd5.76%6.13%6.81%8.81%8.53%5.87%3.96%
Hospitals Contribution Fund of Australia Ltd, The5.74%6.89%6.57%5.42%3.65%3.39%3.20%
Latrobe Health Services Limited6.21%5.98%6.15%5.52%4.49%4.25%3.85%
Medibank Private Limited6.20%6.49%6.59%5.64%4.60%3.88%3.30%
Mildura District Hospital Fund Ltd5.75%3.65%6.14%6.74%5.95%5.68%3.89%
MO Health Pty Ltd     3.90%4.45%
National Health Benefits Australia Pty Ltd5.76%4.50%6.26%5.28%5.41%3.97%3.62%
Navy Health Ltd4.80%4.53%4.50%5.50%4.94%3.94%4.94%
NIB Health Funds Ltd6.50%7.99%6.55%5.55%4.48%3.93%3.38%
Nurses & Midwives Health Pty Ltd     3.22%5.91%
Peoplecare Health Limited6.81%5.82%6.08%4.38%5.09%4.19%4.90%
Phoenix Health Fund Limited5.47%6.52%6.48%5.72%5.93%4.19%3.26%
Police Health Limited4.09%4.81%4.48%4.81%4.63%3.72%3.58%
Queensland Country Health Fund Ltd4.59%5.85%4.77%4.91%5.15%4.39%3.95%
Queensland Teachers’ Union Health Fund Limited4.50%4.50%6.36%7.15%7.30%4.40%3.18%
Railway & Transport Health Fund Ltd4.29%4.80%6.17%5.61%5.54%4.47%3.36%
Reserve Bank Health Society Ltd4.31%4.39%4.88%5.37%5.00%3.97%3.73%
St Luke’s Medical and Hospital Benefits Association3.96%6.33%6.27%5.89%4.99%4.23%3.56%
Teachers Federation Health Ltd4.10%5.42%6.86%4.97%4.96%2.84%3.94%
Transport Health Pty Ltd6.77%5.90%4.84%6.49%4.93%5.16%3.41%
Westfund Limited3.48%3.25%7.92%5.94%4.96%3.43%1.64%
INDUSTRY WEIGHTED AVERAGE5.60%6.20%6.18%5.59%4.84%3.95%3.25%

 

 

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