The Finance Algorithm

nib

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

Registered as nib Health Funds Ltd..

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

Also sells policies as AAMI Health Insurance, Apia Health Insurance, GU Health Insurance, ING Health Insurance, Priceline Health Insurance, Qantas Insurance, Real Health Insurance, Seniors Health Insurance, Suncorp Health Insurance.

nib.com.au, phone 13 14 63

Hospital
56
Hospital and extras
5
Extras
73
Closed to new members
45

How its premiums compare in NSW & ACT

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

  1. BasicHospital only$114.6812th cheapest of 20
    $102.60$158.45
  2. BronzeHospital only$135.7211th cheapest of 21
    $121.79$163.20
  3. SilverHospital only$171.7811th cheapest of 21
    $157.30$257.13
  4. GoldHospital only$458.4210th cheapest of 10
    $248.55$458.42
nibEvery other insurer's cheapest
  • Basic. Its cheapest single Basic hospital policy in NSW & ACT is Basic Accident Hospital, at $114.68 a month before the rebate with a $750 excess: 12th cheapest of 20 insurers. See every insurer
  • Bronze. Its cheapest single Bronze hospital policy in NSW & ACT is Bronze Hospital, at $135.72 a month before the rebate with a $750 excess: 11th cheapest of 21 insurers. See every insurer
  • Silver. Its cheapest single Silver hospital policy in NSW & ACT is Silver Secure Hospital Plus, at $171.78 a month before the rebate with a $750 excess: 11th cheapest of 21 insurers. See every insurer
  • Gold. Its cheapest single Gold hospital policy in NSW & ACT is Qantas Gold Top Hospital, at $458.42 a month before the rebate with a $750 excess: 10th 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.

  1. NSW & ACT
    $114.68 to $463.79
  2. VIC
    $114.02 to $500.82
  3. QLD
    $112.62 to $484.07
  4. SA
    $108.65 to $382.73
  5. WA
    $85.63 to $370.73
  6. TAS
    $111.22 to $422.00
  7. NT
    $54.80 to $278.01
Cheapest to dearest policy
Show the figures
nib's single premiums by state and policy type
StateHospitalHospital and extrasExtras
NSW & ACT$114.68 to $463.79$145.20 to $776.74$3.84 to $229.15
VIC$114.02 to $500.82$142.10 to $816.61$3.70 to $229.15
QLD$112.62 to $484.07$144.58 to $814.76$3.70 to $229.15
SA$108.65 to $382.73$141.51 to $736.26$3.79 to $229.15
WA$85.63 to $370.73$120.02 to $754.50$3.70 to $229.15
TAS$111.22 to $422.00$139.12 to $718.84$3.79 to $229.15
NT$54.80 to $278.01$108.60 to $562.55$3.79 to $229.15

What nib covers, and what it pays back

Hospital

Leaving out the 14 it sells through employers, nib has 47 policies with hospital cover. They come with no excess or one of $250, $500 or $750. 46 of the 47 drop the excess for children on the policy. All 47 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 47 cover emergency ambulance trips only.

Extras

Not counting the 22 it sells through employers, nib has 55 policies with extras, covering anywhere from 1 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

  1. Periodic oral exam (item 012)on AAMI Everyday Active Extras
    $35.20typical policy $35.20
  2. Scale and clean (item 114)on AAMI Everyday Active Extras
    $66.85typical policy $66.85
  3. Full crown, veneered (item 615)on AAMI Everyday Active Extras
    $1,079.10typical policy $773.80
Pays up toTypical policy

Its highest yearly limits for a single

  1. General dental
    $1,000typical policy $800
  2. Major dental
    $1,300typical policy $1,000
  3. Optical
    $350typical policy $220
  4. Physiotherapy
    $750typical policy $450
  5. Chiropractic
    $750typical policy $400
  6. Psychology
    $500typical 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 56

PolicyTierFromSold inExcess options
Basic Accident HospitalBasic$54.80NTAll$500, $750
Basic Care Hospital PlusBasic Plus$62.56NTAll$500, $750
AAMI Basic Hospital PlusSold as AAMI Health InsuranceBasic Plus$64.91NTAll$500, $750
ING Basic Plus HospitalSold as ING Health InsuranceBasic Plus$64.91NTAll$500, $750
Suncorp Health Insurance Basic Hospital PlusSold as Suncorp Health InsuranceBasic Plus$64.91NTAll$500, $750
Real Basic Plus HospitalSold as Real Health InsuranceBasic Plus$65.18NTAll$500, $750
Basic Essential Hospital PlusBasic Plus$65.41NTAll$250, $500, $750
Qantas Basic HospitalSold as Qantas InsuranceBasic Plus$65.41NTAll$500, $750
Bronze HospitalBronze$66.90NTAll$500, $750
Bronze Protect Hospital PlusBronze Plus$68.70NTAll$500, $750
Apia Bronze Hospital PlusSold as Apia Health InsuranceBronze Plus$77.41NTAll$500, $750
Qantas Bronze Hospital PlusSold as Qantas InsuranceBronze Plus$77.41NTAll$500, $750
AAMI Bronze HospitalSold as AAMI Health InsuranceBronze Plus$77.46NTAll$500, $750
ING Bronze Plus HospitalSold as ING Health InsuranceBronze Plus$77.82NTAll$500, $750
Seniors Bronze Plus HospitalSold as Seniors Health InsuranceBronze Plus$78.50NTAll$500, $750
Real Bronze Plus HospitalSold as Real Health InsuranceBronze Plus$78.54NTAll$500, $750
Bronze Hospital PlusBronze Plus$78.72NTAll$500, $750
Bronze Corporate Assured Hospital PlusCorporateSold as GU Health InsuranceBronze Plus$79.99NTAll$0, $250, $500, $750
Suncorp Health Insurance Bronze HospitalSold as Suncorp Health InsuranceBronze Plus$81.34NTAll$500, $750
Bronze Corporate Hospital PlusCorporateBronze Plus$97.91NTAll$500, $750
Silver Corporate Assured HospitalCorporateSold as GU Health InsuranceSilver$87.06NTAll$0, $250, $500, $750
ING Silver HospitalSold as ING Health InsuranceSilver$99.40NTAll$500, $750
Silver HospitalSilver$99.94NTAll$500, $750
Apia Silver HospitalSold as Apia Health InsuranceSilver$100.66NTAll$500, $750
Seniors Silver HospitalSold as Seniors Health InsuranceSilver$101.02NTAll$500, $750
Real Silver HospitalSold as Real Health InsuranceSilver$102.83NTAll$500, $750
Silver Secure Hospital PlusSilver Plus$87.84NTAll$500, $750
Silver Corporate Assured Hospital PlusCorporateSold as GU Health InsuranceSilver Plus$98.28NTAll$0, $250, $500, $750
Silver Executive Hospital PlusCorporateSold as GU Health InsuranceSilver Plus$99.49NTAll$0, $250, $500, $750
Qantas Silver Plus StandardSold as Qantas InsuranceSilver Plus$100.70NTAll$500, $750
AAMI Silver Everyday Hospital PlusSold as AAMI Health InsuranceSilver Plus$102.10NTAll$500, $750
Suncorp Health Insurance Silver Everyday Hospital PlusSold as Suncorp Health InsuranceSilver Plus$102.10NTAll$500, $750
Silver Corporate Standard Hospital PlusCorporateSilver Plus$123.64NTAll$500, $750
Qantas Silver Plus Select HospitalSold as Qantas InsuranceSilver Plus$126.07NTAll$250, $500, $750
Silver Select Hospital PlusSilver Plus$126.16NTAll$250, $500, $750
Silver Corporate Advantage Hospital PlusCorporateSilver Plus$142.10NTAll$500, $750
Corporate Mid Hospital - Silver PlusCorporateSilver Plus$148.55NTAll$0, $250, $500, $750
Apia Silver Hospital PlusSold as Apia Health InsuranceSilver Plus$155.55NTAll$500, $750
Seniors Silver Plus HospitalSold as Seniors Health InsuranceSilver Plus$156.59NTAll$500, $750
Real Silver Plus HospitalSold as Real Health InsuranceSilver Plus$156.77NTAll$500, $750
ING Silver Plus HospitalSold as ING Health InsuranceSilver Plus$157.17NTAll$500, $750
Qantas Silver Plus Advanced HospitalSold as Qantas InsuranceSilver Plus$158.21NTAll$250, $500, $750
Suncorp Health Insurance Silver Advantage Hospital PlusSold as Suncorp Health InsuranceSilver Plus$159.39NTAll$250, $500, $750
AAMI Silver Advantage Hospital PlusSold as AAMI Health InsuranceSilver Plus$159.52NTAll$250, $500, $750
Silver Advantage Hospital PlusSilver Plus$159.70NTAll$250, $500, $750
Mid Hospital - Silver PlusSilver Plus$165.03NTAll$0, $250, $500, $750
Apia Silver Premium Hospital PlusSold as Apia Health InsuranceSilver Plus$194.19NTAll$250, $500, $750
Gold Executive HospitalCorporateSold as GU Health InsuranceGold$114.18NTAll$0, $250, $500, $750
Gold Corporate Assured HospitalCorporateSold as GU Health InsuranceGold$157.86NTAll$0, $250, $500, $750
Gold Corporate Top HospitalCorporateGold$173.83NTAll$0, $250, $500, $750
ING Gold HospitalOnly sold with extras coverSold as ING Health InsuranceGold$262.03NTAll$750
AAMI Gold HospitalSold as AAMI Health InsuranceGold$267.94NTAll$750
Suncorp Health Insurance Gold HospitalSold as Suncorp Health InsuranceGold$270.52NTAll$750
Qantas Gold Top HospitalSold as Qantas InsuranceGold$275.21NTAll$750
Seniors Gold HospitalOnly sold with extras coverSold as Seniors Health InsuranceGold$276.11NTAll$750
Real Gold HospitalOnly sold with extras coverSold as Real Health InsuranceGold$278.01NTAll$750

Hospital and extras policies 5

PolicyTierFromSold inExcess options
Basic KickstarterBasic$108.60NTAll$500, $750
Premier - GoldCorporateGold$399.93NTAll$0, $250, $500, $750
Executive R - GoldCorporateGold$436.90NTAll$0, $100, $150, $200, $300, $400, $500, $750
Gold Advanced CoverGold$481.59NTAll$750
nib United Gold Resident CoverCorporateGold$562.55VICAll$0

Extras policies 73

PolicyFromSold inServices
DentalPass$3.70VICAll1
Ambulance Only$5.07NSW & ACTNSW & ACT, VIC, SA, WA, NTAmbulance only
Value Extras$21.17NTAll5
Basic Extras$28.53TASAll4
AAMI Starter ExtrasSold as AAMI Health Insurance$32.95NTAll6
Suncorp Health Insurance Starter ExtrasSold as Suncorp Health Insurance$33.00NTAll6
Qantas Starter ExtrasSold as Qantas Insurance$42.70NSW & ACTAll4
Corporate Basic ExtrasCorporate$46.36WAAll9
ING Essential ExtrasSold as ING Health Insurance$46.54NTAll8
Apia Essential ExtrasSold as Apia Health Insurance$47.26NTAll5
Core Extras$48.12NTAll5
AAMI Starter Boost ExtrasSold as AAMI Health Insurance$50.24SAAll11
Seniors Essentials ExtrasSold as Seniors Health Insurance$50.60NTAll9
Suncorp Health Insurance Everyday ExtrasSold as Suncorp Health Insurance$50.92NTAll11
Real Starter ExtrasSold as Real Health Insurance$51.10NTAll8
Qantas Basic ExtrasSold as Qantas Insurance$51.46NTAll7
Dental Boost$59.36WAAll14
Core and Young at Heart Extras$63.87NTAll10
Qantas Kickstart ExtrasSold as Qantas Insurance$66.08NTAll9
Core Extras Boost$67.98NTAll5
Corporate 50 BenefitsCorporateSold as GU Health Insurance$68.29NSW & ACTAll11
Corporate Basic Extras 65%Corporate$70.42VICAll13
Apia Classic ExtrasSold as Apia Health Insurance$70.78NTAll5
ING Everyday ExtrasSold as ING Health Insurance$73.22NTAll14
Core and Family Extras$73.94NTAll11
Real Lifestyle ExtrasSold as Real Health Insurance$73.94NTAll15
Seniors Active ExtrasSold as Seniors Health Insurance$75.52NTAll15
Qantas Family ExtrasSold as Qantas Insurance$75.56WAAll17
Qantas Lifestyle ExtrasSold as Qantas Insurance$76.69WAAll16
Core and Wellbeing Extras$78.05NTAll13
Apia Essential and Advanced ExtrasSold as Apia Health Insurance$78.72NTAll13
Corporate 60 BenefitsCorporateSold as GU Health Insurance$82.03NSW & ACTAll19
Core Boost and Young at Heart Extras$83.69NTAll10
Executive Health 60CorporateOnly sold with particular other policiesSold as GU Health Insurance$85.41NSW & ACTAll23
Core, Family and Young at Heart Extras$89.65NTAll14
AAMI Everyday Active ExtrasSold as AAMI Health Insurance$90.64NTAll20
Suncorp Health Insurance Mid ExtrasSold as Suncorp Health Insurance$91.59NTAll20
Core Boost and Family Extras$93.75NTAll11
Core, Wellbeing and Young at Heart Extras$93.75NTAll17
Corporate Standard ExtrasCorporate$97.14NTAll25
Core Boost and Wellbeing Extras$97.86NTAll13
Corporate Mid Extras 65%Corporate$98.40VICAll25
Apia Classic and Advanced ExtrasSold as Apia Health Insurance$99.58NTAll13
ING Everyday Advanced ExtrasSold as ING Health Insurance$101.79NTAll20
Corporate 70 BenefitsCorporateSold as GU Health Insurance$103.35NSW & ACTAll22
Core, Family and Wellbeing Extras$103.82NTAll19
Real Advanced ExtrasSold as Real Health Insurance$104.41NTAll21
Advantage Extras$104.63NTAll21
Qantas Active ExtrasSold as Qantas Insurance$104.63NTAll18
Seniors Advantage ExtrasSold as Seniors Health Insurance$105.85NTAll23
Core Boost, Family and Young at Heart Extras$109.46NTAll14
Premium Extras$110.50WAAll25
Executive Health 70CorporateOnly sold with particular other policiesSold as GU Health Insurance$112.49NSW & ACTAll23
Core Boost, Wellbeing and Young at Heart Extras$113.61NTAll17
Corporate Mid Extras 80%Corporate$120.02VICAll25
AAMI Premium Active ExtrasSold as AAMI Health Insurance$122.01NTAll24
Qantas Top ExtrasSold as Qantas Insurance$122.91NTAll25
Seniors Top ExtrasSold as Seniors Health Insurance$123.36NTAll24
Core Boost, Family and Wellbeing Extras$123.68NTAll19
Real Top ExtrasSold as Real Health Insurance$124.67NTAll25
Suncorp Health Insurance Top ExtrasSold as Suncorp Health Insurance$126.43NTAll25
ING Premium ExtrasSold as ING Health Insurance$131.13NTAll25
Corporate 80 BenefitsCorporateSold as GU Health Insurance$138.75NSW & ACTAll24
Top Extras$138.80NTAll25
Apia Premium ExtrasSold as Apia Health Insurance$141.33NTAll23
Executive Health 80CorporateOnly sold with particular other policiesSold as GU Health Insurance$143.74NSW & ACTAll25
Corporate Top Extras 80%Corporate$144.08VICAll25
Corporate Advantage ExtrasCorporate$146.57NTAll25
Corporate Top ExtrasCorporate$166.43NTAll25
Corporate Top Extras 90%Corporate$181.32WAAll25
Corporate 90 BenefitsCorporateOnly sold with particular other policiesSold as GU Health Insurance$191.23NSW & ACTAll25
Corporate Executive ExtrasCorporate$198.75WAAll25
Executive Health 90CorporateOnly sold with particular other policiesSold as GU Health Insurance$229.15NSW & ACTAll25

nib also has 45 older policies (3,710 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 nib

Who can join nib?
Anyone can join. nib sells 134 policies to new members (56 hospital-only, 5 combined and 73 extras-only), going by the October 2026 data.
How much is nib hospital cover?
Its cheapest hospital policy for a single is $54.80 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 nib pay for a dental check-up?
Up to $35.20 for a check-up (dental item 012) on its AAMI Everyday Active Extras policy, at a dentist outside its preferred network. The typical extras policy across the market pays $35.20.