According to the Department of Health young Australians aged between 20 and 30 have a much lower take-up of private health insurance than most other age groups1. Furthermore, data from  APRA and the Australian Bureau of Statistics show the number of people in these age groups with private hospital cover has been decreasing each quarter since June 20142 with the current participation rate of 25 to 29 year old’s falling below 30%3.

The Australian government wants to rectify this imbalance by encouraging more young people to take advantage of private health cover. This is why, from 1 April 2019, health funds can offer members aged 18 to 29 discounts of up to 10 per cent on their private health insurance hospital premiums.

This discount is a voluntary change, which came out of the latest round of private health insurance reforms, and while not all the other health funds are choosing to adopt it, we’ve decided to back this important initiative and offer the discount on all our hospital policies.

The discount ranges from 2 per cent to 10 per cent per annum, depending on when you purchase health insurance between the age of 18 and 29. Basically what this means is the earlier you get hospital cover, the better off you’ll be in the long term.

Even better news, the discount is ongoing, so all you need to do is keep your cover with Doctors’ Health Fund, and you will retain the discount until you turn 41. After that, it reduces to two per cent per annum until you are 45 years old. For couples and family policies, it applies individually to the two adults on the policy.

The table below outlines the discount applicable based on your age. It is determined by the age you are on 1 April 2019 or your age when you take out cover for the first time after 1 April 2019.

YD table

For more information on the new Youth Discount, visit