Private health insurance premiums are set to rise at their fastest rates in eight years thanks to an above-inflation increase of 4.41 per cent approved by the government.

Head of research at Compare Club Kate Browne says Australians have been hit with a triple-whammy this year.

“I think this is going to push people to the edge,” she told Ross and Russ.

Press PLAY to hear how it will impact Australians

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