The right way to get a reduction in your medical health insurance – CHOICE

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A range of health funds in Australia offer discounts and you could easily qualify for one without knowing it. With private health insurance legislation allowing funds to give discounts of up to 12% off the cost of your premium, here are some of the ways you can access cheaper health cover.
Although discounts can help with the cost of cover, it’s still a good idea to shop around for a better deal – you might find a suitable policy that’s cheaper from a fund that doesn’t give discounts. 
Since sifting through thousands of policies isn’t anyone’s idea of a good time, our experts built a tool to help you compare health insurance and make sense of your options (with no sponsored results in sight).
We'll help you compare cover and find the savings you need.
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Some jobs come with free health insurance while some employers may pay part of your health insurance, such as your hospital policy, and ask you to fork out for your extras cover. But if your job doesn’t come with these perks, you may still qualify for a corporate discount from a health fund. 
Corporate discounts may be available through…
Bupa and Medibank both offer discounts to eligible employees of hundreds of different businesses, and they each have a designated website where you can check the name of your employer to find out whether you can get a discount:
Both funds also have promotions from time to time for free cover for the first few weeks of corporate cover. 
For Medibank, various discounts apply to eligible employees of:
Bupa doesn’t publish the amount of discount you get, but it generally ranges between 4% and 8% for eligible employees of:
But be sure check the discount websites for each fund for a full list of employers.
Some super funds may also give health insurance discounts to their members, and these include Care Super (GMHBA, HCF and NIB) and Telstra Super (HCF).
Read more: There's still time to avoid health insurance price hikes
Some professional associations, membership organisations and clubs like motoring clubs have arranged discounts from health funds for their members, such as:
Some mutual banks and credit unions offer health insurance benefits to their members, such as:
If you need a Gold level health insurance policy, restricted health funds can often give you cover that’s substantially cheaper than open funds. 
Restricted funds are open to Australians working in many industries, from police officers, soldiers, reservists and defence contractors, to transport employees and forestry, electricity and steel workers. Bank employees, health practitioners, teachers and workers of associated industries are also covered, with families (sometimes even siblings) and former employees also eligible.
Read more: Best restricted membership health insurance funds
Some health funds give you a discount of up to 4% if you pay by direct debit or pay your annual premium in advance. Of the big five funds, though, only HBF and NIB give a discount for this.
Funds with direct debit or prepay discounts include:

Last updated May 2022.
To help with the cost of health insurance, the Australian government pays a rebate on hospital, extras and combined health cover policies for people 65 and over.
The rebate is income tested and to get the full rebate of 24.6% your family’s income must not be over $180,000 (or $90,000 for singles and single-parent policies). The rebate reduces if your income is higher, and no rebate is paid if your family earns more than $280,000 (or $140,000 for singles and single-parent policies).
Once the oldest person on your policy turns 65, the rebate increases. The rebate tiers for couples and families are (until 1 April 2023):
Once the oldest person on your policy turns 70, the rebate increases again. The rebate tiers for couples and families are (until 1 April 2023):
Some health funds offer discounts to new customers who sign up before they turn 30. 
Health insurers may offer discounts on only some or all of their policies. Of the five big health funds, Bupa, Medibank and NIB offer youth discounts. HBF and HCF have not introduced them.
There are a range of funds that offer youth discounts on some or all of their policies. They include:
Last updated May 2022.
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