Premium increases reflect rising health costs due to a range of factors, including:
- Increased use and cost of health services
- The growing use and cost of medical technology
- Australia’s ageing population
- An increase in chronic health conditions
The Australian Government Rebate (AGR) tier percentage is also decreasing each year. This means the government pays less towards premiums each year for people who are eligible to receive the AGR.
Find out more about the Australian Government Rebate.