14 February 2018 - More than 12,000 Australians ditched their hospital cover in the three months to last December, new figures show, as a separate survey suggests the key reason was they felt it wasn't worth the money.

Fresh quarterly data from the Australian Prudential Regulation Authority shows the percentage of Australians with hospital cover fell 0.2 percentage points in the December quarter to 45.6% - the lowest in seven years.

Meanwhile, a new survey by consumer group Choice has found 70% of Australians who don't have health insurance say it's because it's too expensive.

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