Health Insurance deals and offers in February 2026
Health insurance deals generally come in the form of a certain amount of free weeks of coverage or a cashback on premiums. These deals help keep the health insurance industry competitive and can potentially save you hundreds of dollars on your premiums.
Looking to switch providers or take out health insurance for the first time? Here’s a selection of current health insurance deals and sign-up offers for hospital and extras cover for new eligible members from providers rated by Canstar. Some deals may be state or territory specific, so it’s important to check the terms and conditions of each offer to see how they apply and if you’re eligible.
AAMI
Get six weeks free and skip the two- and six-month waiting periods on extras when you take out cover by 16 February 2026.
ahm
Get up to 12 weeks free, plus skip the two- and six-month waiting periods on extras, when you take out an eligible hospital and extras policy with the promo code 12WFREEWW. Offer ends 31 March 2026.
AIA
Get six weeks worth of premiums as a cashback when you take out an eligible combined hospital and extras policy or four weeks on an eligible hospital policy. Offer ends 28 February 2026.
Apia
Get six weeks free and skip the two- and six-month waiting periods on extras when you take out cover by 16 February 2026.
Astute Simplicity Health
Get six weeks free and skip the two-, three- and six-month waiting periods on extras when you take out an eligible policy by 12 April 2026.
Australian Seniors
Get seven weeks free, plus skip the two- and six-month waiting periods on extras, when you take out an eligible policy by 3 March 2026.
Australian Unity
Get eight weeks free when you purchase cover over the phone or online by 30 June 2026.
Bupa
Get up to eight weeks free, as well as skip the two- and six-month waiting periods on extras, on eligible policies when using the promo code 8WEEKSFREE. Offer ends 11 February 2026.
Bupa has also partnered with Everyday Rewards to offer up to 150,000 points when using the promo code REWARDS150. Offer ends 11 March 2026. This offer cannot be combined with any other offer.
GMHBA
Get six weeks free and skip the two- and six-month waiting periods on extras when you take out an eligible policy.
HBF
Get up to 14 weeks free, plus skip the two-month waiting periods on extras, when you take out an eligible policy by 10 March 2026.
HCF
Get a share of six million Flybuys points when you take out an eligible policy by 31 March 2026. Also earn up to 130,000 points when you stay for at least 10 months.
HIF
Get eight weeks free and have no two-month waiting periods on extras by using the promo code 8W2M before 30 April 2026.
Health Partners
Get eight weeks free and instant access to selected extras when you take out cover by 28 February 2026. Use the promo code 8WFREE when joining.
Hunter Health Insurance
If your friend is already a member and refers you, Hunter Health Insurance will waive the usual two- and six-month waiting periods on extras for your policy.
ING
Get two months free when you take out an eligible policy by 31 March 2026.
Medibank
Get up to 10 weeks free on eligible policies plus 30,000 Live Better Points (couples and families) or 15,000 Live Better Points (singles and single parents) that can be redeemed for rewards like gift cards. Two- and six-month waiting periods on extras will also be waived. Use the promo code 10WEEKSPLUS when joining.
nib
Get 12 weeks free and skip the two- and six-month waiting periods on extras when you take out a combined policy online by 31 March 2026.
Phoenix Health Fund
Get your second month free when you take out eligible cover.
Otherwise, if your friend is already a member and refers you, you’ll each receive a $150 digital gift card when you sign up for an eligible policy. You must email Phoenix Health with your new membership number and the referring member's full name and membership number within 48 hours of completing your membership application to be eligible.
Qantas Insurance
Get up to 120,000 Qantas Points when you join by 5 February 2026.
Real Insurance
Get six weeks free when you take out an eligible policy by 3 March 2026.
See-u by HBF
Get up to 12 weeks free, as well as your choice of perk when you take out an eligible combined policy. Perks include either having the two- and six-month waiting periods on extras waived (promo code: WAITS WAIVED) or receiving a gift card worth up to $400 (promo code: GIFT CARD). Offer ends 31 March 2026.
St. Lukes Health Insurance
Get six weeks free and skip the two-, three- and six-month waiting periods on extras when you take out an eligible policy before 12 April 2026.
Otherwise, if your friend is already a member and refers you, you’ll each receive a $100 gift card when you sign up for an eligible policy. Offer ends 8 February 2026.
Suncorp
Get six weeks free and skip the two- and six-month waiting periods on extras when you take out cover by 16 February 2026.
Westfund
Get four weeks free when you take out an eligible policy using the promo code FREE4WKS. Offer ends 1 March 2026.
Otherwise, if your friend is already a member and refers you, you’ll each receive a $100 gift card when you sign up for an eligible policy. Offer ends 30 June 2026.
Source: All offers are based on advertised online promotions on each provider’s website on 4 February 2026. Please note, conditions and exclusions may apply to these offers. Read all terms and conditions provided by the relevant health insurance provider before deciding whether to commit to a policy.
Are health insurance deals worth it?
They can be in certain circumstances, but it may not be worth choosing a health insurance provider based solely on an introductory deal or short-term discount. After all, while a gift card or a month of free cover may be handy, it could be a small token in terms of the overall cost and coverage provided by the policy.
Therefore, it’s important to consider the cost and quality of coverage alongside any sign-up deal or offer. You may find a policy that suits your needs that also happens to have a sign-up deal attached. It’s also worth reading any documentation, such as the Private Health Information Statement (PHIS) and Target Market Determination (TMD), for any policy you’re considering.
Other factors to consider when comparing health insurance
If you’re shopping around for health insurance, it’s important to look for the hospital and/or extras policy that’s right for you or your family’s needs, preferences and circumstances. You can compare health insurance with Canstar or you can book a call with one of our health insurance specialist to discuss your options.
You may also be interested in the winners of Canstar’s most recent Health Insurance Awards, and you can see how other Aussies feel about their health insurer with our Most Satisfied Customers Award: Health Insurer.
