Editor's note

The 11 million or so Australians with private health insurance will have to pay more for it from next week. This year’s 3.95% premium increase is the lowest in 17 years but it’s still far higher than the growth in wages, prompting some to consider whether they really need the cover. As Sophie Lewis and Karen Willis write, insurers promise shorter waiting times and more choice, but exclusions and fees may mean it’s not worth it.

Of course, it’s cheaper for some people to take out private health insurance than pay the Medicare levy surcharge. That’s not to be confused with the 2% Medicare levy most of the country pays. How did we end up with such a patchwork of rebates, levies and surcharges? We explain how the system evolved and what’s behind the premium increases in these 14 charts.

Fron Jackson-Webb

Senior Health + Medicine Editor/Deputy Chief of Staff

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More than half of Australians have private health insurance. l i g h t p o e t/Shutterstock

Do you really need private health insurance? Here's what you need to know before deciding

Sophie Lewis, UNSW; Karen Willis, La Trobe University

Private health insurance premiums will rise from April 1, leaving consumers wondering if they should give it up or downgrade to save money.

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