Private Health Insurance Reforms - change is on the way

Private Health Insurance Reforms - change is on the way

Making private health insurance simpler and more affordable

On 1 April 2019 Government initiated reforms to private health insurance will be introduced. There are many positive changes about to be rolled out in an effort to make private health insurance easier to understand, choose, and premiums more affordable.

What does this mean for you?

As a result of these industry reforms, you may see some changes to your current health insurance policy. If your policy is affected, your fund will be in touch with more detailed information prior to these changes being introduced.
Rest assured though, Qantas Health Insurance will continue to be more rewarding, with Qantas Points when you join,1 points on your premium for the life of your policy2 and for being active via the Qantas Wellbeing App.3 Find out more

Key reforms

Below is a table of key reforms starting from 1 April 2019. For a full list of the reforms and how they may affect you, please visit the Government website.
Mandatory changes to private health insurance:Voluntary changes Qantas Health Insurance has chosen to implement:
The introduction of Gold, Silver, Bronze and Basic product tiers which will make it easier to compare and choose coversHigher excess options to help you save on the cost of your premiums
The introduction of a standardised set of categories to help you easily understand what different products do and do not coverPremium discounts of up to 10% for people aged 18-29 who have, or will take out hospital cover
The removal of cover for some Natural Therapies

Important information

Qantas Health Insurance is issued by nib health funds limited ABN 83 000 124 381 (nib) a registered private health insurer, and is arranged by Qantas Airways Limited ABN 16 009 661 901 (Qantas), for which Qantas receives commission.
1 Each Qantas Health Insurance policy has a maximum number of points that can be earned upon purchase. Points will only be awarded to the primary policyholder after the policy has been held for 60 continuous days and will be based on the level of cover held at that time. Not available to existing Qantas Health Insurance, nib, AAMI, Apia or Suncorp customers, or to previous policyholders who have joined and cancelled six months before or during the offer period. Qantas reserves the right to withdraw or extend this offer at any time.
2 Customers who purchase a Qantas Health Insurance policy will earn 1 Qantas Point per $1 value of premium paid or redeemed excluding any Government rebate amounts applied to reduce the cost of the premium.
3 You must be a member of the Qantas Frequent Flyer program to earn Qantas Points. Membership and Qantas Points are subject to the Qantas Frequent Flyer Terms and Conditions. A joining fee usually applies. However, this will be waived if you join when you download the Qantas Wellbeing App. The Qantas Wellbeing App is offered by Qantas and you must be a member of QFF and aged 13+ to use the App.