Aussies Hit with Soaring Health Insurance Costs: 50-200% Premium Hikes in 3 Years
2025-01-31

Business Standard
A staggering two-thirds of Australian health insurance policyholders have been slammed with massive premium hikes of 50-200% over the past three years, a recent survey by Localcircles has revealed. This significant increase in health insurance costs has left many Aussies struggling to afford their insurance premiums, sparking concerns about the affordability of healthcare in Australia. With health insurance premiums continuing to rise, it's essential for policyholders to review their policies and explore options to manage their costs. Key factors contributing to these hikes include rising healthcare costs and increased demand for medical services.