Private health insurance premiums are going up again, but nib and Medibank have delayed the increases.to receive our daily newsletters and breaking news alerts, sent straight to your inbox.
Medibank and ahm health insurance premiums were set to rise by an average of 2.96 per cent from 1 April 2023, but the hike will be postponed to June 1, 2023. The industry-wide annual private health insurance premium increase was set to kick in from 1 April, after approval from Australia's Federal Health Minister Mark Butler and the Department of Health and Aged Care.