Explore Health Insurance

Whether it’s exercising early in the morning or eating a healthy lunch, at the end of the day taking care of your health is a 24/7 responsibility. However, we can help you shoulder the burden in one specific area: private health insurance.

When it’s just you working and paying the bills, it’s vital to safeguard your health as exhaustively as possible. Taking out health cover from any one of Australia’s health funds is an ideal way to do this.

Here are a few reasons why single people should consider health insurance.

Health cover when you’re young, peace of mind when you’re older

When you’re young, you likely want just the basics! That probably means taking out low-level singles hospital cover (just in case the unexpected arises) and maybe a few benefits from an extras policy. When you’re older, you can have peace of mind from health insurance knowing that you’re covered. No-one is a spring chicken forever, so the things you want coverage for and the level of health cover you want may be quite different to what you needed when you were younger.

Extras provides cover for treatments not subsidised by Medicare, like dental check-ups, optometry (such as prescription glasses) and physiotherapy. Because of this, it can be terrific value for money particularly when you claim the Australian Government’s private health insurance rebate, where the government helps pay for your private cover. If you’re a high-income earner, having a singles health insurance policy means you might also be able to reduce your tax bill by avoiding the Medicare Levy Surcharge.

Taking out private health insurance when you’re aged 18-29 also means you may be able to reduce costs even further with an age-based discount, which can be up to 10% off your premiums!

a man happy with his singles health insurance policy

Health insurance that grows with you

As you approach your thirties, taking out hospital cover should become more of a priority so you can avoid Lifetime Health Cover (LHC) Loading. If you have a hospital insurance policy by 1 July following your 31st birthday, you’ll avoid this loading. If you don’t, you’ll pay 2% more in premiums for every year you choose not to take out cover. For example, if you take it out at age 40, you’ll pay 20% more in premiums!

When you reach middle age, you probably start to take your health more seriously since it’s something you’ll want to protect over the long haul. Because of this, many older Australians like to take out cover that’s quite comprehensive; treatment in private hospitals is a given, but you can also get access to the full suite of extras available through your health fund.

Avoid long public waiting lists

Getting the chance to avoid public hospital waiting lists is one of the more compelling reasons why singles can enjoy private health insurance. You can avoid public hospital waiting lists for specific elective procedures too with a singles health insurance policy.

Another plus is that you’ll get a private room (if it’s available) while waiting for and recovering from your elective surgery, and you’ll generally have a choice of doctor.

Frequently asked questions

How does health cover for singles work?

Instead of having multiple people on one policy, singles health insurance will cover just one person instead. Singles health cover can be more tailored to the policyholder, as they may not need the same or as many benefits as family policies have.

Private health insurance is split into two products: hospital and extras cover. You can purchase either of these products on their own or combine them into one policy. Hospital policies pay for your treatment as a private patient in a hospital, while extras policies cover out-of-hospital treatments like general dental, chiropractic and physiotherapy.

Compare health insurance through our free comparison service today.

How much is health insurance for singles?

The cost of private health insurance for singles depends on the following factors:

  • Lifetime Health Cover (LHC) loading. If you took out health insurance for the first time after 1 July following your 31st birthday, you’d be subject to LHC, which adds 2% to your premiums for each year you didn’t have health cover.
  • Excess and co-payment. Some providers allow you to choose a higher excess in exchange for a lower premium, and vice versa; this will affect how much you pay for your singles health insurance. Rather than a one-off excess, some providers may offer a co-payment instead, which is an amount you pay for every day you’re in hospital..
  • Age-based discount (ABD). If you take out a hospital health insurance policy between 18 and 29 years of age, you can get an age-based discount of up to 10% off. Maintaining your policy means you can keep your discount into your 40s.
  • Your location. This factor may not be as obvious, but it can affect your premiums if, for example, you live in an area with a higher rate of claims. Hospital charges may also vary between the states and territories.
  • Rate rises. Each year around April, health insurance premiums rise by an average percentage amount, and not all health insurance providers will raise their premiums by the same amount. We believe this is the best time to review your policy and compare health insurance to make sure you’re getting the best deal and price.

Does health insurance cover emergency ambulance callouts?

Depending on your state, private hospital cover can pay for emergency ambulance transportation. In some states, you can subscribe directly to the state’s ambulance service or choose to cover it with private health cover. QLD and TAS residents as well as Department of Veterans’ Affairs cardholders do not need to pay for ambulance trips.

What if I have pre-existing health conditions?

That’s completely fine. Health insurance is community-rated, which means providers cannot charge you more based on your age, occupation, gender or health conditions.

In most cases, you can still include extras and hospital benefits in your cover that relate to your pre-existing conditions at no extra premium, though you’ll typically have to wait 12 months before you can claim for them.

Compare health insurance through our free comparison service today.

How much is health insurance for a single female vs a single male?

Unlike other types of insurance (like life or car), health insurance doesn’t take your sex into account when setting your premiums. In fact, the only difference based on sex that you might find in health insurance is policy benefits, since men and women have different health care needs and seek different cover options.

Compare health insurance through our free comparison service today.

Is couples health insurance cheaper than singles?

Not always. A couple might have different healthcare needs and one person may need to claim on a broader range of benefits. However, depending on your eligibility, you and your partner may be able to receive a larger rebate from the government. It might also be easier to pay for premiums with two incomes instead of one.

You may choose to switch to a couples policy when you begin a relationship and then to a family policy if you choose to have children. Be aware that pregnancy and birth-related services have a 12 month waiting period for coverage, so be sure to plan ahead! Policies for single parent families are also available.

Compare health insurance through our free comparison service today.

How to find great-value singles health insurance

If you want to take out singles health insurance, a great way to find a good deal on premiums and benefits is by shopping around and comparing your options.

When looking for a singles health insurance policy, it’s essential to consider things like:

  • The level of cover you want. The four tiers of hospital cover (Basic, Bronze, Silver and Gold, as well as the ‘plus’ policies) each include an increasing number of treatment categories, so you’ll have to work out which medical services you want to cover and choose the corresponding level with the inclusions you’re after.
  • How much you’ll pay for it. It’s generally a good idea to stick within your budget and not pay more than you can afford, but you should also make sure you’ll be getting adequate cover for your money. Check your premiums against the inclusions and exclusions of the policy, as well as the annual limits you’ll be subject to.
  • How much you’ll pay when you need to claim. Make sure you check the policy brochure of any policy before purchasing it so you know how much your excess and gap payments may be.

Luckily, you don’t have to go far to compare singles health insurance, as you can head straight over to our health insurance comparison service! Our service is fast, simple and completely free to use. Simply enter a few details about yourself and the type of coverage you want, and our service will sort through the range of policies we have on offer.

Anthony Fleming, General Manager

Meet our health insurance expert, Anthony Fleming

As General Manager of Health Insurance and Life Insurance for Compare the Market, Anthony Fleming is committed to helping Australians avoid large out-of-pocket expenses by making the system work for them. When it’s just you paying the bills, having a health insurance policy in place, can help you get back on your feet quicker after an unexpected accident.

Anthony has 17 years’ experience working in various roles across the health and general insurance industries. He’s also a Board Member of the Private Health Insurance Intermediaries Association and has appeared on Sunrise and Channel Seven News on behalf of Compare the Market.

Anthony’s health insurance tips:

  1. When deciding whether private health insurance is right for you, ask yourself the following: how long would you be willing to wait in the public system for surgery, and could delaying elective surgery cause increased pain or a reduced quality of life? Continue to do your research and consider speaking to one of our trained private health insurance specialists, they can help find a policy that suits your needs.
  2. Make sure you get the right policy to suit your needs. This can provide peace of mind as you’ll know your surgeries are covered.
  3. If you get married or plan on starting a family, that can be a great time to reassess the benefits of your policy and whether you need to compare and switch.

So, what are you waiting for?

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