Every year, health insurers review premiums to keep up with rising healthcare costs. This year, changes take effect from 1 April 2025. Here’s what you need to know:
Why do premiums change every year?
Healthcare is constantly evolving, and premiums adjust to cover:
- Higher healthcare costs
- More chronic conditions
- Advanced treatments
- Increased use of services
- Inflation
When does the new premium start?
Your updated premium will apply from 1 April 2025.
How will I know my new premium?
We’ll send your updated premium details in March 2025—keep an eye on your inbox!
Can I lock in my current rate?
Yes! If you prepay up to 12 months before 31 March 2025, you’ll lock in the 2024 rate.
How are premiums calculated?
We use historical data, future cost forecasts, and apply any eligible rebates or discounts to keep pricing fair.
Why is my premium increasing if I haven’t claimed?
Australia’s community rating system means everyone pays the same base price for the same policy—whether you claim a little or a lot.
Not happy with your premium?
We get it—budgets change! If your current policy isn’t the right fit, let’s chat about your options. We have affordable, practical solutions to match different lifestyles. Call us on 1300 499 260 or email info@seeuhealthinsurance.com.au.
Is extra value coming to my cover?
Good news! If you hold one of the following extras policies, you’ll receive added benefits from 1 April 2025. To keep things clear and simple, we’ve put together a breakdown of what’s changing—so you can see exactly what’s in it for you.
Please note: These extras policies are closed and can’t be taken out or switched to—they only apply to members who currently hold them.