Medibank Pvt Ltd

MPL: XASX (AUS)

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Private Health Insurers: Older Cohorts the Budget Losers, Not Necessarily the Insurers

Nathan Zaia

May 15, 2026

The government's proposal to remove larger private health insurance rebates for over-65s could see premiums rise for around 3.2 million of the 12.7 million Australians with hospital cover. Subject to legislation, it would be a headwind for Medibank and NIB policyholder numbers starting April 2027.

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Medibank Pvt Ltd

Private Health Insurers: Older Cohorts the Budget Losers, Not Necessarily the Insurers

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