Setting the bar low….yet again!
For the ninth consecutive year Navy Health has increased health insurance premiums lower than the industry average.
Navy Health’s average increase of just 3.35% was well below the industry average of 5.06% and was the fourth lowest increase across the entire industry (34 insurers).
Despite such a modest increase to premiums, Navy Health has managed to increase benefits across the extras covers, such as increasing Orthodontic annual limits and removing restrictions on Optical claiming (see product information for more details).
Private Health Insurance Average Premium Increases 2012
|CUA Health Ltd||7.85%|
|HBF Health Ltd||5.85%|
|NIB Health Funds Ltd||5.50%|
|BUPA Australia Health Pty Ltd||4.91%|
|Medibank Private Ltd||4.70%|
|Defence Health Ltd||3.93%|
|Navy Health Ltd||3.35%|