ING vs nib health insurance: both issued by nib
ING and nib are the same insurer. ING Health Insurance is issued by nib health funds limited and marketed by ING, according to ING's own site. Both are policies of that one registered insurer, and the government reports one set of performance figures for both. What differs is the policies: ING publishes 5 hospital and 4 extras products, nib 11 and 22, and only nib sells Basic and Bronze hospital cover. Counted from the government's policy data, 1 Oct 2026 release.
Health insurance is still being built. We add policy comparisons and any insurer offers once we have checked a provider ourselves; nothing on this page earns us a commission until then.
ING
- Insurer
- NIB Health Funds Ltd
- Products on sale
- 5 hospital, 4 extras
- Hospital tiers
- Basic Plus, Bronze Plus, Silver, Silver Plus, Gold
- Discount for 18 to 29 year olds
- Offered on every hospital policy
nib
- Insurer
- NIB Health Funds Ltd
- Products on sale
- 11 hospital, 22 extras, 2 combined
- Hospital tiers
- Basic, Basic Plus, Bronze, Bronze Plus, Silver, Silver Plus, Gold
- Discount for 18 to 29 year olds
- Offered on every hospital policy
Open policies sold to the public, from the government's policy data (1 Oct 2026 release, CC BY 3.0 AU). A product is counted once, whatever the state or family type.
Is ING the same company as nib?
Yes. ING Health Insurance is issued by nib health funds limited and marketed by ING, according to ING's own site. The registered insurer behind both is NIB Health Funds Ltd, which is also the name printed on every policy's information statement.
Source: ing.com.au, health insurance page, read 14 October 2026.
What does hospital cover cost with ING and nib?
The lowest and highest monthly premium for one person on hospital cover that avoids the Medicare levy surcharge, before the rebate, tier by tier. Within a tier, policies differ in excess and in what they restrict, so compare the information statements before deciding.
| Tier | ING | nib |
|---|---|---|
| Basic | Not sold | $114.68 to $120.332 policies |
| Basic Plus | $124.88 to $134.002 policies | $122.54 to $156.485 policies |
| Bronze | Not sold | $135.72 to $146.332 policies |
| Bronze Plus | $147.95 to $160.322 policies | $136.49 to $160.324 policies |
| Silver | $183.70 to $210.782 policies | $180.68 to $207.312 policies |
| Silver Plus | $257.59 to $281.562 policies | $171.78 to $331.5812 policies |
| Gold | $463.741 policy | Not sold |
From the government's policy data, 1 Oct 2026 release. Premiums change, usually each 1 April; the rebate reduces what you pay. Each policy's current premium is on privatehealth.gov.au and the insurer's own site.
How does nib perform on the government's figures?
privatehealth.gov.au reports these for the insurer as a whole, so they apply to ING and nib alike. Complaints: 9.6% of all complaints to the Ombudsman, with 9.8% of the market.
| Figure | nib | Industry |
|---|---|---|
| Hospital charges covered | 85.8% | 89.0% |
| Medical services with no gap | 88.8% | 87.1% |
| Extras charges paid back | 58.0% | 50.7% |
| Premiums paid back as benefits | 82.0% | 84.5% |
| Hospital members who stayed | 79.0% | 85.0% |
| Management costs | 10.7% | 10.9% |
Source: nib on privatehealth.gov.au, read 14 October 2026. Australia-wide figures; state figures and every other insurer.
Common questions
Is ING the same company as nib?
Yes. ING Health Insurance is issued by nib health funds limited and marketed by ING, according to ING's own site. Both are policies of the same registered insurer, and the government reports one set of performance figures for the two.
What is the difference between ING and nib?
The policies. ING publishes 5 hospital and 4 extras products; nib publishes 11 and 22. only nib publishes Basic and Bronze. Counted from the government's policy data, 1 Oct 2026 release.
Is ING cheaper than nib?
It depends on the tier. In NSW, for one person on hospital cover that avoids the surcharge, ING's lowest monthly premium is lower in 0 of the 4 tiers both sell, and nib's in the rest. Premiums differ by state and excess, so compare the same tier in your state. Figures are from the government's policy data, 1 Oct 2026 release, before the rebate.
Can I switch from nib to ING without new waiting periods?
For the same or a lower level of cover, waiting periods you have already served carry over when you switch, as they do between any two insurers, if the gap between policies is short and premiums are paid up. Higher or new benefits can carry new waiting periods. Ask nib how it treats a move between its own brands.
Does Refer Labs earn from this page?
No. Refer Labs has no agreement with any health insurer and this page links to no insurer's site.
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General information only, not financial, tax or medical advice. Insurer and brand names and logos are trade marks of their owners, used to identify them; no insurer has endorsed this page. How this section is regulated.