Discounted health insurance for under 30s

GMHBA is excited to launch a range of products suited to younger members that include a discount based on your age. This means Australians aged 18-29 will be eligible to receive up to 10% discount on their premiums for hospital cover.

How will the discount impact my premium?

Age when you first purchase an eligible hospital 
product offering an age-based discount
% discount that a health insurer can offer
18-25 years old 10%
26 years old 8%
27 years old 6%
28 years old 4%
29 years old 2%
30 years old 0%


Basic Plus Package

Entry level private hospital and extras cover designed for young people starting out in health insurance.


Bronze Plus Package

Easy to understand private hospital and extras that covers you for what matters without paying for things you don’t need.


How does the youth discount on health insurance work?

The discount will be available on selected GMHBA hospital products and is available to new and existing members.

You can retain your age-based discount until you’re 41 providing you remain on a hospital product that’s eligible for the discount. These discounts will then be gradually phased out after you turn 41.

To receive the discount, new eligible members can sign up to one of our age-based discount hospital products and it will be applied automatically to your premium. If you are an existing GMHBA member aged 18-29, you will need to switch to one of our hospital products that offer age-based discounts to be able to receive the discount. 

Why has GMHBA chosen to offer discounts for under 30s?

Young Australians under the age of 30 have some of the lowest rates of taking out private health insurance. Encouraging more young Australians to take out health insurance, if they can afford it, supports the viability and sustainability of the private health insurance system for all Australians.