With health insurance premiums increasing by 2.74% on average from 1 April, getting a good deal that represents value for money is important. When choosing a health insurance policy – or indeed if you’re choosing whether to take out a policy at all – features and benefits, as well as the cost of your premium, may all come into consideration. If you can find the right health insurance policy for your needs, then having a sign-up offer included in it could be a welcome bonus.
Here’s a selection of some current health insurance sign-up offers for Hospital and Extras Cover from providers rated by Canstar (correct as of 6 April, 2021).
Health Insurance Sign-Up Offers – April 2021
|ahm||$100 off for families, couples or single parents, or $50 off for singles, after 60 days of cover on an eligible hospital and extras policy. Use code $OFFAHM. T&Cs apply. Expires 29 April 2021.|
|Apia||Join an eligible hospital and extras policy as a new member and get $150 off your premium. Until further notice, skip two-month and six-month waiting periods on extras. T&Cs apply. Expires 30 April 2021.|
|Australian Unity||Optical and two-month waiting periods waived for taking out eligible extras-only cover or hospital and extras cover. T&Cs apply. Expires 30 June 2021.|
|Bupa||Get six weeks free on selected products after your first month of payment when you join on an eligible combined hospital and extras policy. Until further notice, you can also skip two-month and six-month waiting periods on selected extras. T&Cs apply. Expires 30 April 2021.|
|CUA||Purchase an eligible combined hospital and extras policy and receive an eGift card valued at up to $400, in addition to having two-month and six-month waiting periods waived on selected extras. T&Cs apply. Expires 30 April 2021.|
|Frank Health Insurance||Skip two-month and six-month waiting periods on extras if you join on combined cover (an eligible hospital & extras policy). T&Cs apply. Expires 15 May 2021.|
|HBF||Eligible new members can get four weeks free on eligible hospital and extras cover after six months. T&Cs apply. Expires 30 April 2021.|
|HIF||Two-month waiting periods waived on extras, and a bonus cash card worth up to $200 if you sign up for an eligible hospital and extras policy using the promo code ‘MYHIF’. Eligible singles will receive a $100 cash card and eligible couples and families will receive a $200 cash card. T&Cs apply. Expires 30 April 2021.|
|Medibank||Join an eligible hospital and extras policy and keep your cover for a month to get six weeks free using the promo code 6FREE, if you set up a direct debit when joining and haven’t had Medibank health cover in the previous 60 days (unless you are a dependent coming off your parents’ cover). Some exclusions apply, and not available with any other offer. Separately, you could get two-month and six-month waiting periods waived on extras. T&Cs apply. Expires 30 June 2021.|
|nib||Join any combined hospital and extras cover online and you can skip two-month and six-month waiting periods on extras. If you join before 30 April, you may also be eligible to get up to $300 off your policy. T&Cs apply.|
|Peoplecare||Get a $100 EFTPOS gift card after your first 60 days and 10% off your extras premium (on combined hospital and extras policies) when you join a hospital or hospital and extras policy as a new member. T&Cs apply with offer available until further notice.|
|Phoenix Health Fund||Refer a friend and when they sign up for an eligible combined hospital and extras policy and have kept that policy for six weeks, you and your friend will both receive a $100 EFTPOS gift card. T&Cs apply with offer available until further notice.|
|Qantas||Earn up to 130,000 Qantas Points after the first 60 days of ongoing membership when you join Qantas Health Insurance as a new member who is also a Qantas Frequent Flyer member. To earn the full 130,000 points, Qantas Insurance says, you need to purchase a combined Gold Hospital and Top Extras cover for a couple, single parent or family. Check with Qantas Insurance for full T&Cs. Expires 24 May 2021.|
|Queensland Country Health Fund||Refer a friend and receive a gift card when they sign up for an eligible policy. Receive $100 if they sign up for an eligible singles policy, or $200 if they sign up for an eligible couple or family policy. T&Cs apply. Expires 31 December 2021.|
Source: Providers’ websites. Based on advertised online promotions current as at 6 April, 2021. Please note conditions and exclusions may apply to these offers. Read all terms and conditions provided by the relevant health fund before deciding whether to commit to a policy
The table below displays some of our referral partners’ hospital and extras policies for a 39-year-old single female seeking cover in NSW without pregnancy cover. The table is sorted by Star Rating (highest to lowest) followed by provider name (alphabetical). Use Canstar’s health insurance comparison selector to view a wider range of policies. Canstar may earn a fee for referrals
Other factors to consider when comparing health insurance
Of course, it may not be worth choosing a health insurance provider just for a freebie or short-term discount. If you’re shopping for health insurance, it’s important to look for the hospital and/or extras policy cover that is right for your own needs and preferences. After all, while a gift card or a month of free cover might be handy, it could be a small token in terms of the overall cost of health cover.
There are a wide choice of health insurance policies on offer for consumers who choose to shop around. In fact, Canstar’s most recent Health Insurance Star Ratings considered almost 3,000 hospital policies, nearly 3,000 extras policies, and over 8,000 package policy combinations from 27 insurers.
Cover image source: ESB Professional/Shutterstock.com