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Copyrights © 2020 All Rights Reserved by HBF - 557.8 KB To improve your experience Around 12,000 Australians ditched their health cover last quarter as complaints to the ombudsman are at a record high, and now there could be even more gripes.HBF, which holds 54 percent of the WA market, is slashing benefits.From July 1 basic and mid-tier members will no longer be covered for several services including psychiatric care, dialysis and weight loss surgery, with payouts for the procedures blowing out.For example, customers who still want high level psychiatric cover will have to pay an extra $7 a week or $363 a year.“The objective is to make sure for the majority of our members we can keep premium increases to a minimum - that does mean there are a minority of our members who are affected and will need to upgrade their policies,” HBF Chief Executive Officer John van der Wielen said.Just last week Australia's largest health insurer Bupa took a similar step and we're being warned other providers will follow suit.HBF insists that for years now other funds have charged much more for services like weight loss surgery and psychiatric care, so it's now playing catch up while grappling with increasing health costs and an ageing population.Across the industry this year's premiums are going up by about 4 percent - or almost $200 for the average family.“We’ve closed some branches, we've withdrawn from AFL sponsorships and now we're making some product changes - that means next year's premium increases should be the most competitive that our market's seen,” Mr van der Wielen said.Part of that plan is its merger with east coast giant HCF to form the country's third largest health insurer.Saints star slammed over 'stupid' act in fiery clash
13 3423. HBF Live Event: Coronavirus webinar - Videos and presentations now available online 12 Jun, 2020 Employers' Statement on the Working Rule Agreement pay and conditions negotiations 2020 All of HBF's life insurance policies are part of the Ezicover range, which is designed to be easy to understand and simple to apply for. Subscribe now and get unlimited access to award-winning journalism from Western Australia’s biggest newsroom and across the state.
HBF Health Insurance is one of the largest providers in Australia. HBF Insurance PCC Limited is licensed as an Insurer to carry on the following type of business.
After acquiring GMF Health in 2015, it now has over one million members and makes up 8% of the private health insurance market. Our service is free to consumers. Regulated by Insurance - Insurer The Insurance Business (Bailiwick of Guernsey) Law, 2002, as amended.
Around 12,000 Australians ditched their health cover last quarter as complaints to the ombudsman are at a record high, and now there could be even more gripes. For over 75 years, HBF has been providing quality health cover and additional member benefits to support healthy lifestyles. We are independent and impartial.
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Compare policies and discover the benefits of going with a not-for-profit health fund. Complaints must be about a health insurance arrangement. HBF Health Insurance Perth More Locations. 570 Wellington Street, Perth WA 6000 www.hbf.com.au.
WA Enquiries.
HBF offers cover for your health, car, home and contents, boat, caravan and even travel insurance … Enjoy premium digital access to thewest.com.au, our regional websites, The West app and the digital editions of The West and The Sunday Times. With almost a million members nationally, HBF is the fourth largest health fund in Australia.
1300 559 867. International Enquiries (08) 9265 6111. Home, Car & Travel Insurance.
HBF (Hospital Benefit Fund) is a WA-based not-for-profit health fund established in 1941.
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