Private Health Insurance Cost Calculator
CoverGuide by Covered Today
Explore an indicative monthly cost and understand the choices that can affect your private health insurance premium.
CoverGuide
What affects the cost of private health insurance?
Age
Location and hospital choice
Outpatient cover
Typically, premiums increase as you get older, as insurers consider the likelihood of requiring medical treatment to be higher in later life.
Your postcode and selected hospital tiers impact costs, particularly in major cities where medical facility overheads and treatment charges may differ.
Outpatient benefits can cover eligible consultations, tests and scans without a hospital admission. Broader benefits or higher annual limits may increase the premium. Check exactly what is included.
Excess
A higher excess may reduce the premium, but check the amount you would need to pay and whether it applies per claim, per condition or per policy year.
Mental health cover
Mental health benefits vary by policy. Check eligible inpatient and outpatient treatment, limits and exclusions, and whether the cover is included or optional.
Who is covered
Whether you are insuring yourself, a partner, or a whole family changes the premium calculations based on the risk profile of every individual listed.
Understanding your estimate
This is an indicative guide, not a personalised quote. Your personal requirements and medical history can affect the final price. Final premiums may fall outside the range shown.
Cost questions
No, a personalised quote depends on the insurer, benefits and policy terms.
Is an estimate a quote?
No, it can lower your premiums, but it doesn’t always mean better value.
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Does a higher excess always mean better value?
Contact Covered Today to discuss individual/family or business health insurance.