Are all health insurance brands increasing their premiums?

All health funds have the opportunity to review and make application to the Federal Minister for Health to change their premiums at the same time each year. This application also takes into account the range of health insurance brands provided by the health fund (in our case we are underwritten by nib). The announcement made by the Federal Minister for Health on 19 December 2019 indicates that all Australian health funds are increasing their premiums. The average INDUSTRY price increase is 3.25%.