Imagine what else you could do with those savings.
It’s official -
switching health funds can be the ultimate money hack! According to research conducted by YouGov, nearly
three-quarters of Australians who swapped their private health insurance in the last year saved money.
Average savings clocked in at a whopping $1,151.* And families? They saved even more - up to
$1,589* on average - while singles shaved off a tidy $555 off their premiums.*
Why aren’t more people switching?
Some
policyholders had been sitting on the same health cover for an average of seven years. Shockingly, around
25% of Aussies have been on the same plan for over a decade.*
Why? We don’t need to tell you that
life gets busy. Who has time to wade through a sea of health insurance policies? But with the rising cost
of living, ignoring your health cover price hike could mean you’re leaving cash on the table.
That’s one reason many Australians opt for a comparison service like Smart Health Switch - but it’s not
the only reason.
This article is opinion only
and should not be taken as medical or financial advice. Check with a financial professional
before making any decisions.
^$300.43 average savings based on 136,746 customers between
1 Jan 2018 - 23 December 2026
Paying too much?
Australia: We
saved our average customer $300* on their average annual premium!
Select your age below and see how
much you could save!
* Average savings of $300 based on 136,746 customers between 1 Jan 2018 and 23 Dec 2026
Research found those using a comparison service saved more
Here’s where the
magic happens: people who used a comparison service to switch saved an average of $1,296, compared to
$1,029 for those who didn’t.*
That’s on average $267* more savings, just for getting no-cost
expert help to sort through the options. Whether it’s paying for groceries, rent, or even a much-needed
holiday, those savings can make a real difference.
Paying too much?
Australia: We saved our average customer $300.43* on their average annual premium!
*$300.43 average savings based on 136,746 customers between 1 Jan 2018 - 23 December 2026
Australia: We saved our average customer $300.43* on their average annual premium! Select your age below and see how much you could save!
Want
to join the savvy savers? Here’s how:
Review
your policy regularly
Life changes, and so do your health needs. Make sure you’re not
paying for extras you’ll never use, or missing out on getting rebates for care you actually
need.
Consider a higher excess
If you’re not expecting to need hospital care
soon, choosing a higher excess could lower your premiums.
Shop around for special
offers
Some health funds offer special perks like free weeks or waived waiting periods.
Just make sure the policy you sign up for fits your needs.
Extras policies vary
widely.
Flexible options with combined annual limits might give you the most bang for your
buck, so read the fine print - or ask us:
Switch without the stress of waiting periods
Switching to equivalent or lower cover? Any hospital benefit waiting periods you’ve already served will transfer to your new policy. No need to start over.
Compare and save today
With premiums
rising and living costs stretching budgets paper thin, there’s never been a better time to compare your
health cover. You could save hundreds - or even thousands - this year.
Because let’s be
honest, wouldn’t you rather spend that money on something you actually enjoy?
Switch smarter.
Save more.
Here’s why over 600,000 Aussies switched health insurance in 2026
Smart Health Switch provides general information to help Australians compare health insurance options.
The financial products compared on this website do not necessarily compare all features that may be relevant to you. Comparisons
are made on the basis of price only and different products may have different features and different levels
of coverage. Information found on the Smart Health Switch website is for general purposes only. While we endeavour
to provide information that is accurate and up to date, we make no warranties or representations about the
accuracy, completeness, reliability or suitability of
the information, graphics, products or services
offered or contained on the website. Therefore, any reliance placed on the information provided on the
Smart Health Switch website is at the user's own risk. When reviewing offers from external websites or companies,
please review their terms and conditions. We have no control over these companies, their offers, website
content, products/services, or the availability and nature of their products/services. Links found on the
Smart Health Switch website do not necessarily imply an endorsement or recommendation of the information or views
that are expressed by the external party.
Smart Health Switch acknowledges Aboriginal and Torres Strait Islanders as the traditional custodians of country throughout Australia and their continuing connection to land, waters and community.
© 2026 Smart Health Switch.
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SAVINGS OF
$300*
Select your age & compare now!
Australia: We saved our average customer $300* on their average annual premium! Select your age below and see how much you could save!
AVERAGE
Amelia Croft
Last update 25 August 2026
