Who can join Medibank?

Anyone can join. Medibank sells 67 policies to new members (28 hospital-only, 2 combined and 37 extras-only), going by the October 2026 data.

How much is Medibank hospital cover?

Its cheapest hospital policy for a single is $55.25 a month before the government rebate (October 2026 figures). What you'd pay depends on your state, the tier and the excess you pick; the chart of premiums by state above has the range for each state.

How much does Medibank pay for a dental check-up?

Up to $22.50 for a check-up (dental item 012) on its Healthy Living Extras policy, at a dentist outside its preferred network. The typical extras policy across the market pays $35.20.

Medibank

67 open policies in the October 2026 data. Anyone can join.

Registered as Medibank Private Limited.

This insurer is a shareholder owned company that operates on a for-profit basis.

medibank.com.au, phone 132331

Hospital: 28
Hospital and extras: 2
Extras: 37
Closed to new members: 66

How its premiums compare in NSW & ACT

Medibank's cheapest single hospital policy in each tier against every other insurer's cheapest, counting policies anyone can buy, from October 2026 data.

BasicHospital only$111.608th cheapest of 20
$102.60$158.45
BronzeHospital only$127.307th cheapest of 21
$121.79$163.20
SilverHospital only$157.652nd cheapest of 21
$157.30$257.13
GoldHospital only$335.853rd cheapest of 10
$248.55$458.42

MedibankEvery other insurer's cheapest

Basic. Its cheapest single Basic hospital policy in NSW & ACT is Medibank Basic Accident and Ambulance, at $111.60 a month before the rebate with a $750 excess: 8th cheapest of 20 insurers. See every insurer
Bronze. Its cheapest single Bronze hospital policy in NSW & ACT is Medibank Bronze Plus Value, at $127.30 a month before the rebate with a $750 excess: 7th cheapest of 21 insurers. See every insurer
Silver. Its cheapest single Silver hospital policy in NSW & ACT is Medibank Silver Plus Core, at $157.65 a month before the rebate with a $750 excess: 2nd cheapest of 21 insurers. See every insurer
Gold. Its cheapest single Gold hospital policy in NSW & ACT is Medibank Gold Advanced, at $335.85 a month before the rebate with a $500 excess: 3rd cheapest of 10 insurers. See every insurer

What a single pays each month, cheapest to dearest policy

Monthly, before the rebate, across every excess option. 33 corporate policies are included; they are sold through employers and associations.

NSW & ACT
$102.15 to $463.15
VIC
$102.15 to $494.10
QLD
$102.15 to $482.85
SA
$102.15 to $460.20
WA
$86.15 to $400.80
TAS
$102.15 to $500.90
NT
$55.25 to $268.55
$0$100$200$300$400$500

Cheapest to dearest policy

Show the figures

Medibank's single premiums by state and policy type
State	Hospital	Hospital and extras	Extras
NSW & ACT	$102.15 to $463.15	$599.40 to $682.80	$7.00 to $245.35
VIC	$102.15 to $494.10	$624.40 to $761.75	$7.25 to $233.20
QLD	$102.15 to $482.85	$595.50 to $708.30	$20.85 to $209.35
SA	$102.15 to $460.20	$562.90 to $672.30	$9.55 to $204.90
WA	$86.15 to $400.80	$523.70 to $638.10	$7.25 to $206.65
TAS	$102.15 to $500.90	$517.70 to $629.90	$20.85 to $203.20
NT	$55.25 to $268.55	$355.85 to $485.55	$8.50 to $203.20

What Medibank covers, and what it pays back

Hospital

Leaving out the 17 it sells through employers, Medibank has 13 policies with hospital cover. They come with no excess or one of $250, $500 or $750. Ten of the 13 drop the excess for children on the policy, and two of the 13 for day surgery. All 13 offer the youth discount: up to 10% off for people who join between 18 and 29.

Waiting periods are the standard ones: 12 months for pre-existing conditions and pregnancy, and two months for everything else, psychiatric, rehab and palliative care included. That's the most the law lets a fund make you wait. All 13 cover emergency ambulance trips only.

Extras

Not counting the 16 it sells through employers, Medibank has 22 policies with extras, covering anywhere from 2 to 25 of the 27 services insurers report on. Here's the most any of them pays back on common claims, and the highest yearly limits, next to the typical policy among the 708 on the market.

The most it pays back on common claims

Periodic oral exam (item 012)on Healthy Living Extras
$22.50typical policy $35.20
Scale and clean (item 114)on Healthy Living Extras
$43.10typical policy $66.85
Full crown, veneered (item 615)on My Choice Extras Complete 60
$500.00typical policy $773.80

Pays up toTypical policy

Its highest yearly limits for a single

General dental
No yearly limittypical policy $800
Major dental
$2,000typical policy $1,000
Optical
$300typical policy $220
Physiotherapy
$1,000typical policy $450
Chiropractic
$1,000typical policy $400
Psychology
$1,000typical policy $400

Highest limitTypical policy

Benefits are what you'd get back from a provider outside the fund's preferred network, using the national figure or NSW's where a policy pays differently by state. Items paid as a percentage of the fee aren't included. Limits are per person per year on a single policy, and some funds pool several services under one limit. Corporate policies aren't counted. See how every fund compares in what extras pay back, or every policy side by side in the extras explorer.

Hospital policies 28

Policy	Tier	From	Sold in	Excess options
Medibank Basic Accident and Ambulance	Basic	$55.25NT	All	$500, $750
Basic Reciprocal ExemptionCorporate	Basic	$102.15All states	All	$500
Medibank Basic Plus Select	Basic Plus	$63.25NT	All	$250, $500, $750
Medibank Corporate Basic Plus Hospital AccessCorporateOnly sold with particular other policies	Basic Plus	$71.10NT	All	$500, $750
Corporate Basic Plus Health CoverCorporate	Basic Plus	$108.70NT	All	$0, $250, $500, $750
Medibank Bronze Plus Value	Bronze Plus	$65.60NT	All	$250, $500, $750
Medibank Corporate Bronze Plus Hospital BalanceCorporateOnly sold with particular other policies	Bronze Plus	$77.35NT	All	$500, $750
Medibank Bronze Plus Support	Bronze Plus	$80.10NT	All	$250, $500, $750
Medibank Bronze Plus Advanced	Bronze Plus	$81.90NT	All	$250, $500, $750
Medibank Corporate Bronze Plus Hospital SelectCorporateOnly sold with particular other policies	Bronze Plus	$93.75NT	All	$250, $500, $750
Corporate Silver Health CoverCorporate	Silver	$89.95NT	All	$0, $250, $500, $750
Medibank Silver Plus Core	Silver Plus	$82.65NT	All	$250, $500, $750
Essentials Silver Plus HospitalCorporateOnly sold with particular other policies	Silver Plus	$87.65NT	All	$250, $500
Medibank Corporate Silver Plus Hospital ProgressiveCorporateOnly sold with particular other policies	Silver Plus	$89.25NT	All	$500, $750
Medibank Silver Plus Support	Silver Plus	$93.20NT	All	$250, $500, $750
Corporate Silver Plus Health CoverCorporate	Silver Plus	$93.25NT	All	$0, $250, $500, $750
Medibank Corporate Silver Plus Hospital ConfidenceCorporateOnly sold with particular other policies	Silver Plus	$102.40NT	All	$500, $750
Corporate Silver Plus Health Cover EliteCorporate	Silver Plus	$107.95NT	All	$0, $250, $500, $750
Secure Silver PlusCorporateOnly sold with particular other policies	Silver Plus	$115.40NT	All	$0, $250, $500, $750
Medibank Silver Plus Secure	Silver Plus	$126.85NT	All	$250, $500, $750
Medibank Corporate Silver Plus Hospital PremierCorporateOnly sold with particular other policies	Silver Plus	$137.00NT	All	$500, $750
Medibank Silver Plus Advanced	Silver Plus	$150.05NT	All	$250, $500
Corporate Gold Health CoverCorporate	Gold	$113.20NT	All	$0, $250, $500, $750
Premium Gold HospitalCorporate	Gold	$129.90NT	All	$0, $250, $500, $750
Corporate Gold Elite Health CoverCorporateOnly sold with particular other policies	Gold	$140.55NT	All	$250
Medibank Gold Advanced	Gold	$175.10NT	All	$250, $500
Medibank Gold Protect	Gold	$201.60NT	All	$250, $500, $750
Medibank Corporate Gold Hospital EliteCorporateOnly sold with particular other policies	Gold	$223.30NT	All	$500, $750

Hospital and extras policies 2

Policy	Tier	From	Sold in	Excess options
Medibank Gold Premier Signature	Gold	$355.85NT	All	$0
Medibank Gold Ultra Health Cover	Gold	$485.55NT	All	$0

Extras policies 37

Policy	From	Sold in	Services
Ambulance Cover	$7.00NSW & ACT	NSW & ACT, VIC, SA, WA, NT	Ambulance only
Healthy Living Extras	$20.85All states	All	2
Essential Extras 60Only sold with hospital cover	$25.65TAS	All	9
Healthy Start Extras	$35.05NT	All	14
My Choice Extras Core 60	$35.35NT	All	8
Extras 55CorporateOnly sold with particular other policies	$38.00NT	All	19
Essential Extras 75	$41.80NT	All	9
My Choice Extras Core 75	$46.75NT	All	8
Medibank Corporate Healthy Focus Extras 60CorporateOnly sold with particular other policies	$49.20WA	All	15
My Choice Extras Move 60	$49.20NT	All	15
Growing Family 60	$49.75TAS	All	20
Medibank Comprehensive Extras	$55.05TAS	All	24
My Choice Extras Move 75	$63.85NT	All	15
My Choice Extras Family 60	$66.00NT	All	19
My Choice Extras Support 60	$66.00NT	All	21
Medibank Corporate Healthy Focus Extras 75CorporateOnly sold with particular other policies	$66.60NT	All	15
Medibank Corporate Comfort Extras 60CorporateOnly sold with particular other policies	$68.65NT	All	20
Medibank Corporate Thrive Extras 60CorporateOnly sold with particular other policies	$68.65NT	All	23
Growing Family 70	$70.75TAS	All	20
Extras 70CorporateOnly sold with particular other policies	$73.45TAS	All	23
My Choice Extras Complete 60	$76.55NT	All	25
Better Health 60CorporateOnly sold with particular other policies	$83.10NSW & ACT	All	20
Medibank Comprehensive Extras Boost	$83.65NT	All	24
My Choice Extras Family 75	$87.25NT	All	19
My Choices Extras Support 75	$87.25NT	All	21
Medibank Corporate Comfort Extras 75CorporateOnly sold with particular other policies	$90.90NT	All	20
Medibank Corporate Thrive Extras 75CorporateOnly sold with particular other policies	$90.90NT	All	23
My Choice Extras Complete 75	$101.25NT	All	25
Better Health 70CorporateOnly sold with particular other policies	$115.15NSW & ACT	All	20
Medibank Comprehensive Extras Max	$118.45NT	All	24
Extras 85CorporateOnly sold with particular other policies	$120.35TAS	All	24
Better Value 80CorporateOnly sold with particular other policies	$132.65NSW & ACT	All	23
My Choice Extras Complete 90	$135.70NT	All	25
Better Health 80CorporateOnly sold with particular other policies	$139.80WA	All	23
Extras 90 BoostCorporateOnly sold with particular other policies	$152.45TAS	All	25
Better Health EliteCorporateOnly sold with particular other policies	$200.55NSW & ACT	All	27
Better Health 90CorporateOnly sold with particular other policies	$203.20NSW & ACT	All	23

Medibank also has 66 older policies (3,603 priced variants) closed to new members, which existing members can keep. They are counted here but not listed. Compare its hospital cover with every other insurer's in the hospital explorer.

Source: PrivateHealth.gov.au data (Private Health Insurance Ombudsman) via data.gov.au, licensed CC BY 3.0 AU. Normalised by The Finance Algorithm from the extract dated 1 Oct 2026, read on 23 Oct 2026.

Premiums are monthly and shown before the Australian Government rebate and any Lifetime Health Cover loading or age-based discount. Confirm the price and the cover with the insurer before you buy; the official statement for every policy is on PrivateHealth.gov.au. This is general information, not advice, and no insurer pays to be listed or ranked here.

Questions about Medibank

Who can join Medibank?: Anyone can join. Medibank sells 67 policies to new members (28 hospital-only, 2 combined and 37 extras-only), going by the October 2026 data.
How much is Medibank hospital cover?: Its cheapest hospital policy for a single is $55.25 a month before the government rebate (October 2026 figures). What you'd pay depends on your state, the tier and the excess you pick; the chart of premiums by state above has the range for each state.
How much does Medibank pay for a dental check-up?: Up to $22.50 for a check-up (dental item 012) on its Healthy Living Extras policy, at a dentist outside its preferred network. The typical extras policy across the market pays $35.20.