Bessie Hassan, a money expert with the company, said the data “certainly raises the question about how much we value our personal privacy”, adding that offering discounts to healthier individuals could see any number of personal medical details being shared.

“Many Australians may be surprised to learn this concept is already in the market,” Ms Hassan said.

“With some insurers using smartwatch technology to track customers' habits and reward them with things such as frequent flyer points for ‘healthy’ behaviour.”

According to Ms Hassan, insurance premiums have climbed by more than 50 per cent on average in the last seven years, making access difficult for some Australians.

“Private health insurance is becoming a luxury for some families that they just can’t afford so they are being forced to consider any possible option to access cheaper premiums,” she said.

“With health insurance prices constantly rising members are being forced to question the benefits of their policy.”

Finder.com.au also found generational trends within this data, with 65 per cent of Baby Boomers (those born between 1946 and 1961) saying they would share their medical history for cheaper insurance compared with 75 per cent of Generation Y (those born between 1981 and 1994).

Would you share your medical history with insurance providers for a discount? Let us know in the comments below!