Save money on your health insurance premium in 2025. 

With health insurance premiums set to change in April 2025, now is the perfect time to take advantage of “rate protection”.  

Rate protection allows you to lock in your current private health insurance premium by paying up to 12 months in advance. By making this advanced payment, you’ll secure your existing rate, saving you money. 

How do I protect my current premium price? 

To lock in your current premium rate, you can make a one-off payment of any amount up until 30 March 2026. Latrobe Health must receive your payment before 30 March 2025. If rates increase during your pre-paid period, you won’t pay the higher amount until your advance payment runs out*. 

Paying your premium in advance has other perks too! If you make a payment for a full 6 months in advance, you will receive an additional 1% discount. By paying a full 12 months in advance you'll receive an additional 2% discount! Latrobe Health's payment frequency discounts are a great way for our members to save money. 

When do I need to make this rate protection payment? 

To pay your existing rate, you must make a payment by 30 March 2025. If you would like to organise your rate protection payment, by phone or in-person, please ensure you do so by phone before 4:30pm or in-person at one of our branches by 1pm on Friday, 28 March 2025. You can find a list of our branch locations here.  

How do I make a one-off rate protection payment? 

The easiest way to pay is through the Latrobe Health Mobile App. If you haven't downloaded it yet, do so today and register your membership online to take charge of your private health insurance cover. You can control the way you pay by; making easy one-off payments, set up direct debit, or manage your payment preferences. You can also check your cover, view your benefits and much more! 

You have the option to make a one-off payment or establish automated payments at a frequency that works best for you. This could be weekly, bi-weekly, monthly, quarterly, semi-annually, or annually. 

Ways to make a payment are; 

Please note we do not accept cheques. 

By securing your current premium rate for your private health insurance with Latrobe Health, you can avoid any unexpected premium rises and stay in control of your budget. 

What else can I do to make the most of my health insurance? 

Have you reviewed your cover recently? Now is the perfect time to see if the cover you are on still meets your health needs. Maybe you’ve had a baby, changed your relationship status or want more (or less) from your cover? 

With health cover options that range from basic to comprehensive, you have the control to choose the protection that best suits your needs! Reach out to us on 1300 362 144 to discuss your choices. 

*Please note, if you change your policy to a higher level of cover for hospital or extras, you will need to pay the difference owed for the new cover from the effective of date, that will be charged at the newer premium price.