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The New Daily
The New Daily
Sezen Bakan

Private health insurance price hike adds to cost-of-living woes

Insurance Chris Stanley Australia Bupa Medibank NIB
Private health insurance is set to rise in November, hitting seniors and families especially hard. Photo: Getty

Health insurance will be more expensive from next month, with customers of Australia’s biggest providers set to spend over $100 more on payments a year.

The average premium hike is set to be 2.7 per cent, but financial marketplace company Compare Club data revealed that 75 per cent of Australians with private health insurance will face an increase as high as 2.92 per cent.

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