This site requires JavaScript. Please enable JavaScript by following this link.
This site requires the use of cookies. Please enable cookies by following this link.
How-to guides
Check out our simple how-to guides to assist you in managing your HBF cover online, anytime.
Last updated: 31st Jan 2024
If your premium is changing this will come into effect on 1 April 2024.
Every policy owner will be sent a communication from March 2024 to advise them of their new premium. The new premium comes into effect on 1 April 2024. You can view your current premium in myHBF; this will be updated with your new premium on 1 April 2024.
Each year, Australian health insurers all review their premiums to make sure they can continue to serve their members’ needs.
Factors that influence premium changes can include:
To calculate a premium, we use claims and service cost data from previous years and forecasted future costs to estimate the amount we’ll need to spend in the coming year. This is adjusted across each State, so we can safely cover the estimated costs.
We calculate your premium based on your cover’s premium change, your Australian Government Rebate, and if applicable, any Lifetime Health Cover loading. If you receive a direct debit, corporate, or other discount, this will also be applied to your premium calculations.
To keep premium increases down we have taken a proactive approach, looking for opportunities to reduce costs.
We’ve contained administration costs through contract negotiations with healthcare providers and we’ve focused on reducing claims fraud and overcharging.
Our priority is to remain a sustainable, member-focused organisation that continues to provide competitive and valuable health insurance products for all our members.
Yes. We can accept a manual payment of up to 18 months’ premium (from the date you make the payment) at the 2023 rate, provided the payment is received by us on or before 28 March 2024. If you have already paid past 1 April 2024, we can still take a manual payment at the old rate, if it is received by us on or before 28 March 2024.
Please be aware if you currently have a direct debit or corporate discount applied to your premium payment, this will need to be removed to make the manual payment as these discounts only apply to automatic payment processes. Payment frequency discounts will still apply.
If you would like to make a pre-payment, please call us on 133 423 and we will be happy to assist.
Unlike other forms of insurance, health insurance in Australia is community-rated, not risk-rated. Community rating means regardless of how likely you are to claim or have claimed, everyone is entitled to pay the same base price for the same health insurance policies. Premiums are reviewed every year by all Australian health insurers to cover the rising cost of healthcare services.
We are committed to being there for our members in the moments that matter and continue to support our members throughout uncertain times or when unexpected circumstances occur.
If you or a family member need support, we’re here to help you manage anything relating to your cover, from health and financial support, to accessibility or communication challenges. You can find information and resources that may assist here.
Your premium is calculated based on the cover you hold and your membership type. Private health insurance offers cover for just yourself, you and your partner or for your whole family. Generally, there are four categories of membership:
Members on the same product but a different membership type may pay slightly different premium amounts.
If this doesn’t reflect your current situation, or you would like to find out more information about your membership type, please call 133 423. We’ll be happy to talk through your options.
Make sure your cover is a good fit for your needs.
You don't want too much, or too little cover.
We can help you check on that with a Policy Health Check.
We need to confirm your location to show you the correct content, products and pricing.
If you change location, we'll reset your quote and refresh the page to show you the content, products and pricing relevant to your location.