What's the best health insurance in Victoria?

It's impossible to point to one specific 'best' health insurance policy, because everyone's need are different. When you compare different health insurance policies you'll need to consider your lifestage, cover needs and budget. We can help with that, but the final decision of what is 'best' is up to you.

Is health insurance cheap in Victoria?

Unfortunatley, health insurance is more expensive in Victoria than in other states. This is because the price of health insurance varies slightly by state, for reasons including taxes and the cost of private hospital care.

Health Insurance Victoria

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 Cover	Extras cover
VIC	42.2%	49.9%
Australia	44.8%	54.5%

	Hospital	Extras
Australia	44.8%	54.5%
NSW	46.2%	56.9%
VIC	42.2%	49.9%
QLD	41.0%	48.0%
SA	44.9%	59.4%
WA	54.0%	68.1%
TAS	41.8%	49.8%
ACT	53.6%	65.6%
NT	39.9%	44.8%

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.

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.

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 265

Name	Treatments	Price	Apply
Bronze Hospital Plus $750/$1500 Excess + Flex 50 Bronze Plus$750 excess	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 Get up to $1000 cashback. For new members who join by 1st May and maintain hospital and extras cover. T&Cs apply. Current offer Get up to $1000 cashback. For new members who join by 1st May and maintain hospital and extras cover. T&Cs apply.	$143.02 per month	Go to Site All treatments Compare	loading Fetching your data...
HCF HOSPITAL BRONZE PLUS $750 EXCESS + HCF STARTER EXTRAS Bronze Plus$750 excess	Hospital Joint reconstructions Ear nose and throat Blood Back neck and spine +22 other treatments covered Extras General dental Major dental Optical Hearing aids +4 other treatments covered Get 6 weeks free & 2-month waived waiting period if you join HCF by 17 April 2025 on eligible combined hospital and extras cover and stay for 3 months. The offer excludes hospital premium gold, hospital optimal gold, corporate hospital premium gold, and overseas visitors health cover. T&Cs apply. Current offer Get 6 weeks free & 2-month waived waiting period if you join HCF by 17 April 2025 on eligible combined hospital and extras cover and stay for 3 months. The offer excludes hospital premium gold, hospital optimal gold, corporate hospital premium gold, and overseas visitors health cover. T&Cs apply.	$116.33 per month	Go to Site All treatments Compare	loading Fetching your data...
Medibank Bronze Plus Progress + Growing Family 60 Bronze Plus$750 excess	Hospital Joint reconstructions Ear nose and throat Blood Back neck and spine +22 other treatments covered Extras General dental Major dental Optical Hearing aids +10 other treatments covered Get 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 9 April 2025. New members only. T&Cs apply. Excludes Basic covers. Current offer Get 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 9 April 2025. New members only. T&Cs apply. Excludes Basic covers.	$144.07 per month	Go to Site All treatments Compare	loading Fetching your data...
Bronze Hospital Plus $750/$1500 Excess & Ambulance Care + Flex 50 Bronze Plus$750 excess	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 Get up to $1000 cashback. For new members who join by 1st May and maintain hospital and extras cover. T&Cs apply. Current offer Get up to $1000 cashback. For new members who join by 1st May and maintain hospital and extras cover. T&Cs apply.	$144.64 per month	Go to Site All treatments Compare	loading Fetching your data...
HCF HOSPITAL BRONZE PLUS $750 EXCESS + HCF STARTER EXTRAS (WITH OPTICAL) Bronze Plus$750 excess	Hospital Joint reconstructions Ear nose and throat Blood Back neck and spine +22 other treatments covered Extras General dental Major dental Optical Hearing aids +4 other treatments covered Get 6 weeks free & 2-month waived waiting period if you join HCF by 17 April 2025 on eligible combined hospital and extras cover and stay for 3 months. The offer excludes hospital premium gold, hospital optimal gold, corporate hospital premium gold, and overseas visitors health cover. T&Cs apply. Current offer Get 6 weeks free & 2-month waived waiting period if you join HCF by 17 April 2025 on eligible combined hospital and extras cover and stay for 3 months. The offer excludes hospital premium gold, hospital optimal gold, corporate hospital premium gold, and overseas visitors health cover. T&Cs apply.	$120.02 per month	Go to Site All treatments Compare	loading Fetching your data...
simple bronze plus + value extras Bronze Plus$750 excess	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 by joining before 1 Apr and maintaining eligible combined hospital & extras cover. T&Cs apply. Learn more. Current offer Get up to 12 weeks free by joining before 1 Apr and maintaining eligible combined hospital & extras cover. T&Cs apply. Learn more.	$127.49 per month	Go to Site All treatments Compare	loading Fetching your data...
simple bronze plus + choosable 50 – teeth Bronze Plus$750 excess	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 by joining before 1 Apr and maintaining eligible combined hospital & extras cover. T&Cs apply. Learn more. Current offer Get up to 12 weeks free by joining before 1 Apr and maintaining eligible combined hospital & extras cover. T&Cs apply. Learn more.	$113.69 per month	Go to Site All treatments Compare	loading Fetching your data...
Bronze Hospital Plus $750/$1500 Excess + Basic Extras Bronze Plus$750 excess	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 Get up to $1000 cashback. For new members who join by 1st May and maintain hospital and extras cover. T&Cs apply. Current offer Get up to $1000 cashback. For new members who join by 1st May and maintain hospital and extras cover. T&Cs apply.	$125.87 per month	Go to Site All treatments Compare	loading Fetching your data...

Frequently asked questions

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Written by

Tim Bennett

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

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2 Responses

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

Finder

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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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!

Key takeaways