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Private Health Insurance

A collection of 2 issues

Private health costs are rising — but insurer profits fell 16.6%

APRA data show private health insurance claims rose faster than premium revenue in 2025–26, while industry after-tax profit fell 16.6%.

Private health cover grows as hospital out-of-pocket costs jump 7.5%

More Australians are holding private health insurance, but APRA data show average hospital out-of-pocket costs rose 7.5% over the year to $513.24 per episode.