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Hospital health insurance reviews

We review and compare thousands of health insurance policies to bring you the best hospital cover from Medibank, Bupa, HCF and more.

Last updated: 25th June 2015

We've looked at thousands of hospital cover policies from 19 Australian health insurance funds, and compared them for features and value for money. To save you time and help you choose the best product for your circumstances, we've whittled down the list to bring you the best value top cover hospital policies for couples and families (singles pay 50% of the premium). The excess ranges from nil to $1000.

Please note:

All the policies in this report are top cover hospital policies. They cover you in a public and private hospital for nearly all procedures.

All policies are Recommended. They have the best features and cheapest premium compared with other policies in their category.

  1. Check the 'Monthly premium before rebate' option for your state. For example, if you live in Victoria, check 'VIC monthly premium before rebate ($)'. Click 'Apply'. 
    You will see all the Recommended policies in your state. 
  2. Now you need to decide what level of cover is right for you:
    1. Policies without an excess – these are the most expensive policies but include additionally good cover against out-of-pocket expenses, they have no excess, no co-payment and usually good cover for gap charges (when your doctor charges above the Medicare Schedule Fee). These are suitable if you think you may need to go to hospital in the next few years.
    2. Policies with a $500 excess – these are suitable if you think you want to reduce the excess/co-payment you need to pay just in case you need to go to hospital in the next few years.
    3. Policies with $1000 excess and/or a co-payment – these policies fully cover you if you need to go to hospital. However, you have to pay an up to $1000 excess and, with some policies, also a co-payment for every day you stay in hospital. But they are so much cheaper than policies without an excess/co-payment that you come out in front if you don't go to hospital in the next three years.
  3. Once you have decided the right level of cover, sort the 'Excess' column in the table, to group the results.
  4. Your search is normally narrowed down to two or three policies. For those policies:
    1. Click on the link in the left hand corner with the policy name. This link will give you the full profile of this policy. You can look at it on the screen or print it.
    2. Do the same with the other policies you are interested in.
  5. How we scored: The hospital score is scored out of 100. 70 points available for cover of 12 commonly restricted services such as heart and eye surgery and pregnancy. 30 points available for policies that have low out-of-pocket costs such as good gap cover and low or no excess/co-payments. The overall score is the average hospital score in the states the policy is Recommended.
  6. If you want to compare our Recommended policies with your current policy go to

If you earn up to $90,000 a year (single) or $180,000 (family/couple) you'll get a 27.82% rebate on the premium. Above this, the rebate is staggered according to your income. Our monthly premiums are rounded to the nearest $ for families or couples before any rebate – singles pay half this amount.

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