Private Health Insurance Survey Findings in Australia

This report presents the findings of a survey conducted online between July 15 and July 21, 2024, involving a nationally representative sample of 1,532 Australians aged 18 and older who have private health insurance. The objective of the survey was to gather insights regarding the types of health insurance held, tenure with current providers, and the importance of various extras covers. Key findings indicate that 90% of respondents have hospital cover, while 84% have extras cover, with a significant portion holding both. The average tenure with current providers is approximately 7.6 years, with women showing greater loyalty than men. The report also details the demographics of policyholders, noting variations in coverage preferences among different age groups and income levels. Additionally, it highlights the reasons for switching policies and the average wait times for procedures, providing a comprehensive view of the private health insurance landscape in Australia.