In a recent media release from Private Healthcare Australia, CEO Dr Rachel David has stated that “More than 300,000 Australian’s have taken out hospital cover in the year to September 30 with a 5% jump in young people aged under 30 pushing this growth”.
Ongoing concerns in youth mental health since the onset of the Covid-19 pandemic paired with the rising cost of living are among factors considered as to why there is an increased demand for private health insurance amongst younger generations.
Maeve Groom asked iSelect’s comparison expert Sophie Ryan on why young Australians are taking out private health insurance at increased rates.
Produced By: Maeve Groom
First aired on The Wire, Wednesday 4 December 2024