Age-based discount

What is the age-based discount?

For the first time, we can offer discounts to young Australians taking out private hospital cover thanks to a change in government rules. The change makes private health cover more affordable for you.

How does the discount work?

The discount ranges from 2% to 10%, depending on your age. The younger you are, the greater your discount. Finally, a financial advantage to being young. Nice!

Which covers are eligible for the discount?

Peoplecare offers the age-based discount on Basic Plus Hospital and Bronze Hospital covers.

Can I transfer from another fund and keep my age-based discount?

Yes you can. You just need to transfer to us within 30 days of leaving your old health fund.

Once we get word from your previous fund, we’ll apply the same discount you had with them.

Age Discount
18-25 10%
26 8%
27 6%
28 4%
29 2%
30 0%

How long do I keep my discount for?

You keep your full discount until you turn 41 if you hold continuous cover. At 41 your discount decreases by two percentage points every year until it reaches zero.

Can I get the discount if I have an older spouse on my policy?

Yes, the discount will be averaged out between the two adults on the cover to give you the same overall discount as you would on a single cover.