Restricted fund for RBA and select financial employers.
2026 premium increase
+4.13%
Industry average: +4.41%(-0.28 pts vs avg)
Effective 1 April 2026.
About Reserve Bank Health Society
Restricted access not-for-profit fund for current and former Reserve Bank of Australia employees and a small number of related employers.
Typical strengths
- Among the lowest rate rises industry-wide
- Pays a very high share of premiums as benefits
Things to weigh up
- Eligibility tightly restricted
Premium increases — last 5 years
How Reserve Bank Health Society's gazetted average increase has tracked against the industry each April.
Reserve Bank Health Society has beaten the industry average 3 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 Reserve Bank Health Society 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%
More complaints than Reserve Bank Health Society's size would suggest.
Market share
0.05%
Share of all Australians with private health cover.
Member retention
90.8%
Members who stayed with the fund across the year.
Charges with no/known gap
92.7%
Hospital-related charges covered with no gap or a gap agreed up front.
Extras charges covered
68.6%
Average share of extras bills the fund's benefits pay.
Premiums returned as benefits
76.8%
Industry-leading funds return around 89–94% of premiums as benefits; the market typically returns 79–89%.
Agreement private hospitals
512
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 Reserve Bank Health Society policy currently open to new members, straight from the Government's PHIO dataset.
- Basic—
- Bronze1
- Silver—
- Gold1
1
Extras-only policies
From $233/mo
2
Combined policies
Full hospital and extras coverage bundled together
Cheapest hospital premium
Per month, before rebate
How Reserve Bank Health Society's hospital cover prices compare
Each row shows the whole market's monthly premiums for that tier, with Reserve Bank Health Society's own open policies marked in purple.
Reserve Bank Health Society has no open policies at this level for the selected cohort.
Reserve Bank Health Society 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 Reserve Bank Health Society's extras cover prices compare
Extras-only policies grouped by what they actually cover, using the same VIC single cohort selected above.
Reserve Bank Health Society has no open policies at this level for the selected cohort.
Reserve Bank Health Society 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 Reserve Bank Health Society against the market — with an advisor
Same price as joining Reserve Bank Health Society direct. No obligation, no upsell — just a clear side-by-side comparison from a real human.
Reserve Bank Health Society 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.