Your Health Wallet vs Medibank Extras

See why Australians are switching

Feature Comparison

FeatureYour Health WalletMedibank Extras
Annual CostYour choiceFixed premium
Unused Benefits Rollover✓ Yes✗ No
Interest Earned✓ Yes✗ No
Family Coverage✓ One accountSeparate policies
Pet Coverage✓ After 12 months✗ No
Gap Fees✓ NoneMay apply
Waiting Periods✓ NoneUp to 12 months
Flexibility✓ Any health serviceLimited services
Transparency✓ Full clarityHidden restrictions

Why People Are Switching from Medibank

💰 Stop Losing Money

With Medibank, unused benefits disappear each year. Your Health Wallet lets them roll over and earn interest.

📈 Earn Interest

Medibank extras don't earn anything. Your Health Wallet balance grows with competitive interest rates.

👨‍👩‍👧 Better Family Coverage

Manage the whole family with one account instead of multiple Medibank policies.

🐾 Pet Coverage

Medibank doesn't cover pets. Your Health Wallet does after 12 months.

🔒 Regulated & Safe

ASIC licensed, AFCA member, funds held by NAB-approved custodian. Same security as Medibank, better terms.

💳 No Gap Fees

Medibank charges gap fees. Your Health Wallet doesn't.

See Your Potential Savings

Calculate exactly how much you could save by switching from Medibank

Calculate My Savings
⚠️ IMPORTANT: This comparison is for general information only and does not constitute financial advice. Actual outcomes may vary. Please refer to the Product Disclosure Statement (PDS) before making any decisions. Past performance is not indicative of future results.