Dear Minister for Health and Aged Care, We, the undersigned Australians, call on the Federal Government to formally recognise and regulate health savings accounts as a legitimate alternative to private health insurance extras cover. Every year on April 1st, private health funds raise their premiums — often above the rate of inflation — while delivering diminishing value to extras cover members. In 2026 alone, major funds raised premiums by between 4.20% and 5.47%, as approved by the Department of Health. Australians deserve the right to self-manage their health spending through a regulated, transparent savings vehicle — one where unspent funds roll over, balances earn interest, and there are no waiting periods, no rate hikes, and no commissions paid to comparison sites. We ask the Government to: 1. Formally recognise health savings accounts as a regulated alternative to extras cover 2. Establish a licensing framework under ASIC for health savings account providers 3. Allow tax-advantaged contributions to health savings accounts, similar to superannuation 4. Require private health funds to offer a "hospital only" product at a fair price This is not a radical idea. Health savings accounts are used successfully in Singapore, the United States, and South Africa. It is time Australia gave consumers a real choice. Signed, [Petition Signatories] #FixHealthExtras