Medibank Private, nib and Bupa will increase their fees by more than five per cent on April 1 after securing federal government approval.
Private health insurers will increase their premiums by more than five per cent within weeks after winning approval from Health Minister Sussan Ley.
Policyholders with funds including Medibank Private, nib and Bupa will all start paying higher fees from April 1.
Ms Ley gave the green light on Wednesday, saying the average rise of 5.59 per cent for 2016 was below the 6.2 per cent allowed last year.
Labor estimates families will be slugged an extra $200 as a result.
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