Hunter Valley not-for-profit fund.
2026 premium increase
+2.95%
Industry average: +4.41%(-1.46 pts vs avg)
Effective 1 April 2026.
About Phoenix Health Fund
Phoenix Health Fund is a small not-for-profit insurer founded in the NSW Hunter Valley, open to members Australia-wide.
Typical strengths
- Among the lowest historical rate rises
- Member-owned
Things to weigh up
- Small fund — limited branches
Premium increases — last 5 years
How Phoenix Health Fund's gazetted average increase has tracked against the industry each April.
Phoenix Health Fund has beaten the industry average 2 of the last 5 years.
Source: Department of Health, Disability and Ageing, gazetted premium rounds 2022–2026. Years without a published figure are shown as gaps, not zero.
How Phoenix Health Fund performs for members
Size, complaints, retention and how much of a hospital bill members actually see covered — from the Ombudsman's 2023–24 report.
Complaints share
0.1%
Fewer complaints than Phoenix Health Fund's size would suggest.
Market share
0.2%
Share of all Australians with private health cover.
Member retention
83.9%
Members who stayed with the fund across the year.
Charges with no/known gap
89.9%
Hospital-related charges covered with no gap or a gap agreed up front.
Extras charges covered
53.6%
Average share of extras bills the fund's benefits pay.
Premiums returned as benefits
79%
Industry-leading funds return around 89–94% of premiums as benefits; the market typically returns 79–89%.
Agreement private hospitals
510
Private hospitals with agreements, where members are covered with no or known gaps.
Source: Commonwealth Ombudsman, State of the Health Funds Report 2023–24, and Comparify's hospital agreement dataset.
Open policies right now
Every Phoenix Health Fund policy currently open to new members, straight from the Government's PHIO dataset.
- Basic1
- Bronze2
- Silver3
- Gold—
1
Extras-only policies
From $41/mo
24
Combined policies
Full hospital and extras coverage bundled together
Cheapest hospital premium
Per month, before rebate
How Phoenix Health Fund's hospital cover prices compare
Each row shows the whole market's monthly premiums for that tier, with Phoenix Health Fund's own open policies marked in purple.
Phoenix Health Fund has no open policies at this level for the selected cohort.
VIC, single cover, monthly premiums before rebate. Plus variants are folded into their base tier. Combined policies are excluded.
How Phoenix Health Fund's extras cover prices compare
Extras-only policies grouped by what they actually cover, using the same VIC single cohort selected above.
Phoenix Health Fund has no open policies at this level for the selected cohort.
Phoenix Health Fund has no open policies at this level for the selected cohort.
- Everyday extras
- General dental and everyday services — no major dental
- Mid extras
- Major dental covered, orthodontics not covered
- Top extras
- Major dental and orthodontics both covered
Compare Phoenix Health Fund against the market — with an advisor
Same price as joining Phoenix Health Fund direct. No obligation, no upsell — just a clear side-by-side comparison from a real human.
Phoenix Health Fund questions, answered honestly
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See all explainersOther funds we compare
Prices shown are PHIO-listed base premiums before the Australian Government Rebate and any age-based discount, sourced from the Government's Private Health Information Statement data (August 2026). Comparify compares a subset of these funds through its advisors.