The Hidden Cost Of Staying Loyal To Your Health Fund
Many Australians are still on old, expensive policies that no longer match their needs – and most don’t realise how easy it is to switch without penalties.
Health Care Check
Last Updated 25 Nov 2025
Feel like you’re paying too much for your health cover – but haven’t done anything about it yet?
You’re not alone. Across Australia, families, singles and retirees are staying on the same health fund for years, even as premiums creep up and their needs change.
The surprising part?
In many cases, they could swap to a better-value policy in minutes – without serving new waiting periods on equivalent hospital cover.
When “set and forget” turns into “pay and regret”
Most of us sign up to health insurance at a certain life stage – starting a family, getting older, or reacting to a health scare – and then leave it on autopilot.
Over Time:
- you might stop needing things like pregnancy or IVF cover,
- but start using more dental, optical, physio or joint-related services,
- while your premium just keeps going up each year.
Yet the policy often stays exactly the same.
That’s how many Aussies end up paying for benefits they’ll never use, while missing out on higher rebates for the services they actually claim.
New customers get the deals. Long-term members get the bill.
Health funds regularly launch new products and promotions to attract fresh customers – things like:
- discounted premiums for the first year
- weeks of cover free
- boosted extras limits
- partial or full waiting period waivers
But here’s the catch:
If you’re already with that fund on an older product, you often won’t be moved onto these offers automatically.
That means new members get the shiny deal, while loyal members just absorb another premium increase.
Select your life stage to get a tailored health cover comparison
Where Health Cover Check comes in
Health Cover Check was built to flip this script.
Instead of forcing you to trawl through dozens of policies, we:
01
Listen to how you actually use your cover
– How often do you claim?
– Which services matter most: dental, optical, physio, joint replacements, mental health?
02
Identify what you’re paying for that doesn’t make sense anymore
– Still paying for pregnancy cover when your family’s complete?
– Extras limits you never reach?
– Hospital cover you don’t fully understand?
03
Match you with policies from our panel that aim to deliver better value for your stage of life
– often for less than you’re paying now, with equivalent or better levels of cover.
Our customers have reported average savings of (?) per year when they switched through us, simply by cutting out wasted cover and sharpening their benefits.
“But won’t I lose my waiting periods?”
This is one of the biggest reasons people delay reviewing their cover – and it’s exactly what keeps them overpaying.
The reality is:
- When you switch to equivalent or lower hospital cover, in most cases your completed waiting periods are recognised by your new fund.
- You’re not “starting again” just because you found a better deal.
- For extras, different funds structure benefits differently – but you can often find policies with higher limits or better rebates on the services you use most.
We walk you through how this works in plain English, so you can switch with confidence.
01
Select your life stage (Single, Couple, Family, Single Parent, Retiree).
02
Answer a few simple questions about your current cover and what you’d like to change.
03
Get a tailored comparison from Health Care Check and see if you could save hundreds of dollars a year while keeping cover that actually suits you.
You’ve already paid your health fund enough this year.
Take 2 minutes to find out if your loyalty is costing you more than it should.
The Hidden Cost Of Staying Loyal To Your Health Fund
Many Australians are still on old, expensive policies that no longer match their needs – and most don’t realise how easy it is to switch without penalties.
Health Care Check
Last Updated 25 Nov 2025
Feel like you’re paying too much for your health cover – but haven’t done anything about it yet?
You’re not alone. Across Australia, families, singles and retirees are staying on the same health fund for years, even as premiums creep up and their needs change.
The surprising part?
In many cases, they could swap to a better-value policy in minutes – without serving new waiting periods on equivalent hospital cover.
When “set and forget” turns into “pay and regret”
Most of us sign up to health insurance at a certain life stage – starting a family, getting older, or reacting to a health scare – and then leave it on autopilot.
Over Time:
- you might stop needing things like pregnancy or IVF cover,
- but start using more dental, optical, physio or joint-related services,
- while your premium just keeps going up each year.
Yet the policy often stays exactly the same.
That’s how many Aussies end up paying for benefits they’ll never use, while missing out on higher rebates for the services they actually claim.
New customers get the deals. Long-term members get the bill.
Health funds regularly launch new products and promotions to attract fresh customers – things like:
- discounted premiums for the first year
- weeks of cover free
- boosted extras limits
- partial or full waiting period waivers
But here’s the catch:
If you’re already with that fund on an older product, you often won’t be moved onto these offers automatically.
That means new members get the shiny deal, while loyal members just absorb another premium increase.
Select your life stage to get a tailored health cover comparison
Where Health Cover Check comes in
Health Cover Check was built to flip this script.
Instead of forcing you to trawl through dozens of policies, we:
01
Listen to how you actually use your cover
– How often do you claim?
– Which services matter most: dental, optical, physio, joint replacements, mental health?
02
Identify what you’re paying for that doesn’t make sense anymore
– Still paying for pregnancy cover when your family’s complete?
– Extras limits you never reach?
– Hospital cover you don’t fully understand?
03
Match you with policies from our panel that aim to deliver better value for your stage of life
– often for less than you’re paying now, with equivalent or better levels of cover.
Our customers have reported average savings of (?) per year when they switched through us, simply by cutting out wasted cover and sharpening their benefits.
“But won’t I lose my waiting periods?”
This is one of the biggest reasons people delay reviewing their cover – and it’s exactly what keeps them overpaying.
The reality is:
- When you switch to equivalent or lower hospital cover, in most cases your completed waiting periods are recognised by your new fund.
- You’re not “starting again” just because you found a better deal.
- For extras, different funds structure benefits differently – but you can often find policies with higher limits or better rebates on the services you use most.
We walk you through how this works in plain English, so you can switch with confidence.
01
Select your life stage (Single, Couple, Family, Single Parent, Retiree).
02
Answer a few simple questions about your current cover and what you’d like to change.
03
Get a tailored comparison from Health Care Check and see if you could save hundreds of dollars a year while keeping cover that actually suits you.
You’ve already paid your health fund enough this year.
Take 2 minutes to find out if your loyalty is costing you more than it should.
The Hidden Cost Of Staying Loyal To Your Health Fund
Many Australians are still on old, expensive policies that no longer match their needs – and most don’t realise how easy it is to switch without penalties.
Health Care Check
Last Updated 25 Nov 2025
Feel like you’re paying too much for your health cover – but haven’t done anything about it yet?
You’re not alone. Across Australia, families, singles and retirees are staying on the same health fund for years, even as premiums creep up and their needs change.
The surprising part?
In many cases, they could swap to a better-value policy in minutes – without serving new waiting periods on equivalent hospital cover.
When “set and forget” turns into “pay and regret”
Most of us sign up to health insurance at a certain life stage – starting a family, getting older, or reacting to a health scare – and then leave it on autopilot.
Over Time:
- you might stop needing things like pregnancy or IVF cover,
- but start using more dental, optical, physio or joint-related services,
- while your premium just keeps going up each year.
Yet the policy often stays exactly the same.
That’s how many Aussies end up paying for benefits they’ll never use, while missing out on higher rebates for the services they actually claim.
New customers get the deals. Long-term members get the bill.
Health funds regularly launch new products and promotions to attract fresh customers – things like:
- discounted premiums for the first year
- weeks of cover free
- boosted extras limits
- partial or full waiting period waivers
But here’s the catch:
If you’re already with that fund on an older product, you often won’t be moved onto these offers automatically.
That means new members get the shiny deal, while loyal members just absorb another premium increase.
Select your life stage to get a tailored health cover comparison
Where Health Cover Check comes in
Health Cover Check was built to flip this script.
Instead of forcing you to trawl through dozens of policies, we:
01
Listen to how you actually use your cover
– How often do you claim?
– Which services matter most: dental, optical, physio, joint replacements, mental health?
02
Identify what you’re paying for that doesn’t make sense anymore
– Still paying for pregnancy cover when your family’s complete?
– Extras limits you never reach?
– Hospital cover you don’t fully understand?
03
Match you with policies from our panel that aim to deliver better value for your stage of life
– often for less than you’re paying now, with equivalent or better levels of cover.
Our customers have reported average savings of (?) per year when they switched through us, simply by cutting out wasted cover and sharpening their benefits.
“But won’t I lose my waiting periods?”
This is one of the biggest reasons people delay reviewing their cover – and it’s exactly what keeps them overpaying.
The reality is:
- When you switch to equivalent or lower hospital cover, in most cases your completed waiting periods are recognised by your new fund.
- You’re not “starting again” just because you found a better deal.
- For extras, different funds structure benefits differently – but you can often find policies with higher limits or better rebates on the services you use most.
We walk you through how this works in plain English, so you can switch with confidence.
01
Select your life stage (Single, Couple, Family, Single Parent, Retiree).
02
Answer a few simple questions about your current cover and what you’d like to change.
03
Get a tailored comparison from Health Care Check and see if you could save hundreds of dollars a year while keeping cover that actually suits you.
You’ve already paid your health fund enough this year.
Take 2 minutes to find out if your loyalty is costing you more than it should.
Australia: Thousands of Aussies are switching to newer, better-value health policies, many saving $300–$600 a year just by reviewing their cover.
See how much you could save. Start by selecting your age
100% Australian owned & operated
Australia: Thousands of Aussies are switching to newer, better-value health policies, many saving $300–$600 a year just by reviewing their cover.
I hadn’t reviewed my policy in years. This helped me finally understand what I was paying for and where I could get better value. It took less than 2 minutes to start.”
Emily
52
Australia: Thousands of Aussies are switching to newer, better-value health policies, many saving $300–$600 a year just by reviewing their cover.
See how much you could save. Start by selecting your age
100% Australian owned & operated
Australia: Thousands of Aussies are switching to newer, better-value health policies, many saving $300–$600 a year just by reviewing their cover.
I hadn’t reviewed my policy in years. This helped me finally understand what I was paying for and where I could get better value. It took less than 2 minutes to start.”
Emily
52
Australia: Thousands of Aussies are switching to newer, better-value health policies, many saving $300–$600 a year just by reviewing their cover.
See how much you could save. Start by selecting your age
100% Australian owned & operated
Australia: Thousands of Aussies are switching to newer, better-value health policies, many saving $300–$600 a year just by reviewing their cover.
I hadn’t reviewed my policy in years. This helped me finally understand what I was paying for and where I could get better value. It took less than 2 minutes to start.”
Emily
52