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ABC News
ABC News
Business

Private health insurance premiums are going up from June 1 — should you keep it?

Does private health insurance represent value for money? We asked the experts and here's what they said. (Pexels: Anna Shvets)

Around 45 per cent of all Australians have private hospital cover and more than half of those people have private extras cover, according to the latest data from APRA.

With premiums set to rise in the coming months — Medibank will be the first major provider to increase premiums on June 1 — it's time to consider whether to take out, keep, downgrade or ditch your private health cover.

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