Every year at the end of March and early in April, the 11 million Australians who have private health insurance receive notification that premiums are increasing. Premiums will increase by an average of 3.95 per cent from April 1 and will vary with the insurer and the product. The increase is lower than previous years but still higher than any wage growth, leaving consumers wondering if they should give it up or downgrade to save money. Why go private? Read more here.