Health & claims
Does health insurance premium increase every year?
Often, yes. Personal health premiums rise when you move into a higher age band, and insurers revise plan rates for everyone as medical costs rise. What an insurer cannot do is raise your premium individually because you made a claim. Company group premiums work differently: they renew on the whole group’s claims.
In short
- Premiums rise with age bands.
- Insurers revise rates for everyone on a plan as costs rise.
- You can’t be singled out for having claimed.
- Group premiums renew on the group’s claims.
Why does my health premium go up?
Mainly age and medical inflation. Premiums are set by age band, so they rise when you move to the next band. And as treatment costs rise, insurers revise rates for everyone on a plan, with regulatory approval.
Can a claim increase my premium?
Not as a penalty on you. An insurer cannot single you out at renewal for having claimed. You may lose that year’s no claim bonus, but nothing more.
What about company health insurance?
It renews on the whole group’s claims experience. A year with large claims in the group can raise the renewal. Our page on why group premiums rise explains it.
Frequently asked questions
Does health insurance premium increase every year?
Often, with age bands and plan-wide revisions as medical costs rise.
Will my premium increase if I make a claim?
Not individually; an insurer can't single you out for claiming, though you may lose the no claim bonus.
Why did my company health premium increase?
Group premiums renew on the group's claims experience and medical inflation.
What happens when you talk to us
A 20-minute video call with a Growth Advisor. No obligation, and no quote pushed. It opens with a five-minute video from our founder on how the benefits stack works and why Ethika exists; the rest is your questions. You’ll leave with an honest read on your current cover and claims experience, and a straight answer on whether we can genuinely help, even if you never become a client.
20 minutes with a Growth Advisor. No obligation.
A note on this page. Everything here is general information, not insurance, legal, financial or tax advice, and nothing is an offer. No insurer or product is named or recommended. What any policy covers depends on its own wording and schedule. For advice about your situation, talk to us.