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Author: comparethemarket.com.au

Families name their health insurance breaking point

55% of families would consider dropping their health cover if premiums reached $4000 32% of families would walk away if premiums reached $3000 63% of Aussies claimed less than $500 on their health cover in 2016 23% made no health cover claims at all in 2016 With the Federal Government expected to give the green light to private health insurance premium increases for the 16th year in a row, Aussie families have named the point at which they would consider walking away from their family policies. The findings come from a survey of a nationally representative sample of 1000...

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Starting a family? Beware of private health insurance waiting period pitfalls

Aussies who are thinking of starting or growing their family are being urged to check their private health insurance cover at least a year ahead to avoid being caught short with potential waiting period traps. Comparethemarket.com.au reveals a number of ways that parents could be caught out, given that there is a 12 month waiting period on pregnancy cover for hospital insurance. A mother could miss out on cover if she has an earlier-than-expected birth within the 12-month waiting period, or hasn’t upgraded her health insurance policy to cover the delivery of her baby 12 or more months before...

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Gap in healthcare needs between older and younger parents

New research has revealed that older Aussies place importance on different healthcare benefits than younger age groups – particularly in relation to their children’s health. A survey of 1394 adult Australians with private health cover across all ages and states by comparison website www.comparethemarket.com.au suggests that the older we are, the more important it is to be able to choose our own doctor and place of treatment. When asked why they purchased private health insurance, more than 1 in 2 respondents (53%) over 45 years of age admitted this was the reason, compared with just 38% of 25 to...

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Petrol pain ahead for long weekend

Comparethemarket.com.au has unveiled its second petrol analysis for 2015 that confirms the nation’s petrol prices have risen 15.2 cents per litre (cpl) on average over the last two months compared to first quarter’s figures. Between April 1 to June 1, 2015, petrol prices jumped to an average of 133.4 cents per litre (cpl), up from 118.2cpl in the first three months of the year. Free comparison website, comparethemarket.com.au, which updates its petrol price data three times daily across all major Australian cities, released the petrol figures which show the upward trajectory could continue for most capital cities as the long weekend looms. Current petrol prices Figures from June 2, 2015 show that Sydney’s motorists are currently paying an average of 138.5cpl. Savvy motorists should head to Blakehurst, Narwee or Allawah where they’ll be able to fill up for 123.9cpl. Melbourne motorists are currently paying the least for their fuel, with the average fuel price hovering around 125.6cpl. Bargain low prices of 121.4cpl can currently be found in St Kilda. Adelaide motorists are being slugged with the highest average price at the bowser (140.6cpl) but there are some indications that it could be the only capital to enjoy declining prices ahead of the Queen’s birthday weekend. Best prices at the moment can be found in Kilburn at 121.7cpl. Brisbane drivers are facing average prices of 136.8cpl, with Waterford West currently being the cheapest area...

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