Health Insurance Victoria

Victoria is Australia’s most expensive state for health insurance, so it pays to compare. Victorians are also the less likely that average to have private health insurance in the first place!

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Tim Bennett

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Key takeaways

  • 42.2% of Victorians have hospital cover. 49.9% have extras cover.
  • Victorians are quite a bit less likely to have hospital or extras cover than the average Aussie.
  • The price of health insurance in Victoria is higher than every other state.

The price of hospital insurance in Victoria

Victorian hospital premiums are the highest in the country, which sucks. However, premiums are standardised by state, so you'll pay the same whether you live in Melbourne, Morwell or Mildura. Below are average monthly hospital premiums by tier for a single person earning less than $97,000 a year with a $750 excess. The numbers are based on the government databased in September 2024.

VIC health insurance statistics

42.2% of Victorians have hospital cover, while 49.9% have extras cover. That's less than the national averages, especially for extras. See the table below for more details. These numbers come from APRA's quarterly health insurance statistics in June 2024.

Hospital CoverExtras cover
VIC42.2%49.9%
Australia44.8%54.5%

Compare health insurance policies in Victoria

The table below compares combined policies from Finder partners available in Victoria. It includes policies with Bronze, Silver and Gold hospital cover. It's sorted by value using the Finder score algorithm our experts use for the Finder health insurance awards. Prices are for a single person earning less than $97,000 living in Victoria, with a $750 excess - learn why this matters here.
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How we calculate our Finder Score

The Finder Score ranks every health policy in our database on value for money. We updated this monthly with data provided by Ombudsman.

We consider the 38 hospital treatment categories, plus the covered extras categories and the total extras benefit. We also use the average price for each product. Here's the breakdown of factors we consider.

How we calculate Health Insurance Finder ScoresHospitaltreatmentscovered25%Hospital price25%Total extrasbenefits12.5%Extras treatments12.5%Extras price25%Chart:Finder
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Factors that affect your health insurance premiums

There are several factors that will change the price of your health insurance premiums, whether you get hospital or extras cover. Here are the main ones to consider.
  • Private Health Insurance Rebate: The price of your policy can vary by over 25% due to rebate. It's mainly based on your age and income.
  • Lifetime Health Cover Loading: If you don't have hospital cover after age 31, a 2% loading will be added to the price each year you don't have it.
  • State: The cost of medical care is different in every state, and that's reflected in your premiums.
  • Policy Excess: A policy with a larger excess will have lower premiums, but you will have more out of pocket costs when you claim.
1 - 8 of 313
Updated regularly
Name Product Treatments Price
Medibank Private Limited logo
Hospital
  • Lung and chest
  • Back neck and spine
  • Cataracts
  • Joint replacements
    • +30 other treatments covered
Extras
  • General dental
  • Major dental
  • Optical
  • Hearing aids
    • +10 other treatments covered
HBF Rewards Star
Get $300 from Finder

Ends on or before 30 June 2025. T&Cs and limits apply. Combines with Medibank’s 12 weeks free and gift card offer. No extra steps are needed to benefit from both.

Want up to 12 weeks free and $500 in gift cards (couples/families) or $250 in gift cards (singles/single parents) when you join and maintain eligible Bronze Hospital+Extras cover or above? Offer ends 15 July 2025. New members only. T&Cs apply. Excludes Basic covers.

$247.93
per month
Go to SiteView details
HBF Health Limited logo
Hospital
  • Joint reconstructions
  • Ear nose and throat
  • Blood
  • Back neck and spine
    • +22 other treatments covered
Extras
  • General dental
  • Major dental
  • Optical
  • Hearing aids
    • +7 other treatments covered
HBF Rewards Star
Get $300 from Finder

Ends on or before 30 June 2025. T&Cs and limits apply. Combines with HBF’s up to 14 weeks free offer. No extra steps are needed to benefit from both.

Get up to 14 weeks free. For new members who join by 17 July and maintain hospital and extras cover. T&Cs apply.
$164.74
per month
Go to SiteView details
Bupa HI Pty Ltd logo
Hospital
  • Joint reconstructions
  • Ear nose and throat
  • Blood
  • Back neck and spine
    • +20 other treatments covered
Extras
  • General dental
  • Major dental
  • Optical
  • Hearing aids
    • +2 other treatments covered
Join directly on eligible cover & get up to 12 weeks free T&Cs apply. New members only. Ends 31 July. 12 weeks free applied over 2 years (3 years for annual payers).
$115.54
per month
Go to SiteView details
Bronze Hospital Plus $750/$1500 Excess + Flex 50
Bronze Plus$750 excess
HBF Health Limited logo
Hospital
  • Joint reconstructions
  • Ear nose and throat
  • Blood
  • Back neck and spine
    • +22 other treatments covered
Extras
  • General dental
  • Major dental
  • Optical
  • Hearing aids
    • +7 other treatments covered
HBF Rewards Star
Get $300 from Finder

Ends on or before 30 June 2025. T&Cs and limits apply. Combines with HBF’s up to 14 weeks free offer. No extra steps are needed to benefit from both.

Get up to 14 weeks free. For new members who join by 17 July and maintain hospital and extras cover. T&Cs apply.
$146.82
per month
Go to SiteView details
Bronze Hospital Plus $750/$1500 Excess & Ambulance Care + Flex 50
Bronze Plus$750 excess
HBF Health Limited logo
Hospital
  • Joint reconstructions
  • Ear nose and throat
  • Blood
  • Back neck and spine
    • +22 other treatments covered
Extras
  • General dental
  • Major dental
  • Optical
  • Hearing aids
    • +7 other treatments covered
HBF Rewards Star
Get $300 from Finder

Ends on or before 30 June 2025. T&Cs and limits apply. Combines with HBF’s up to 14 weeks free offer. No extra steps are needed to benefit from both.

Get up to 14 weeks free. For new members who join by 17 July and maintain hospital and extras cover. T&Cs apply.
$148.45
per month
Go to SiteView details
simple bronze plus + value extras
Bronze Plus$750 excess
ahm health insurance logo
Hospital
  • Joint reconstructions
  • Ear nose and throat
  • Blood
  • Back neck and spine
    • +20 other treatments covered
Extras
  • General dental
  • Major dental
  • Optical
  • Hearing aids
    • +7 other treatments covered
Get up to 12 weeks free when you join before 30 June and maintain eligible combined hospital & extras cover. T&Cs apply. Learn more.
$127.22
per month
Go to SiteView details
simple bronze plus + choosable 50 – teeth
Bronze Plus$750 excess
ahm health insurance logo
Hospital
  • Joint reconstructions
  • Ear nose and throat
  • Blood
  • Back neck and spine
    • +20 other treatments covered
Extras
  • General dental
  • Major dental
  • Optical
  • Hearing aids
    • +1 other treatments covered
Get up to 12 weeks free when you join before 30 June and maintain eligible combined hospital & extras cover. T&Cs apply. Learn more.
$113.43
per month
Go to SiteView details
Bronze Hospital Plus $750/$1500 Excess + Basic Extras
Bronze Plus$750 excess
HBF Health Limited logo
Hospital
  • Joint reconstructions
  • Ear nose and throat
  • Blood
  • Back neck and spine
    • +22 other treatments covered
Extras
  • General dental
  • Major dental
  • Optical
  • Hearing aids
    • +2 other treatments covered
HBF Rewards Star
Get $300 from Finder

Ends on or before 30 June 2025. T&Cs and limits apply. Combines with HBF’s up to 14 weeks free offer. No extra steps are needed to benefit from both.

Get up to 14 weeks free. For new members who join by 17 July and maintain hospital and extras cover. T&Cs apply.
$129.00
per month
Go to SiteView details
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Frequently asked questions

Tim Bennett's headshot
Written by

Insurance expert

A seasoned journalist with over 10 years of experience in news, politics and finance reporting, Tim has previously held roles at the ABC, SBS and Fairfax Media. Tim’s expert insights have been quoted in The Australian, The Daily Telegraph, The Courier Mail and more. He regularly appears on TV and radio, and has been interviewed on 7 News, Sunrise, SBS News, ABC Local, 3AW and 5AA. Tim is passionate about simplifying complex insurance topics for Australian consumers. He holds a Bachelor of Arts (Politics) from Macquarie University and a Tier 1 General Insurance (General Advice) certification, which meets the requirements of ASIC Regulatory Guide 146 (RG146). If you’re interested in a media interview with Tim, please reach out to our PR team at aupr@finder.com. See full bio

Tim's expertise
Tim has written 155 Finder guides across topics including:
  • Personal finance
  • Financial comparison
  • Health insurance
  • General insurance
  • Life insurance
More resources on Finder

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2 Responses

    Default Gravatar
    ChristineApril 12, 2017

    To where do I post a Medicare claim?

    I have tried the various electronic options and they don’t work.

    For mobility reasons
    I can’t get to our nearest Medicare Centre (Windsor)

    Can I post the claim to your Windsor (3181) street address?

    Christine

      Default GravatarFinder
      ZubairApril 12, 2017Finder

      Hi Christine,

      Thank you for your question.

      You will need to contact Windsor Service Center directly to confirm if they have an option of claim via post. You can also call Services Australia about payments and services for Medicare.

      All the best,
      Zubair

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