Wellbeing company Australian Unity will provide about $6 million in COVID-19 claims savings to its private health insurance members—on top of about $18 million of support measures already delivered.
These savings will be provided as premium relief to private health insurance members from November 2021.
This latest measure comes on top of the company’s lowest average premium increase in 20 years—the sixth lowest of all 35 health funds in 2021. Other COVID-19 support measures have included a six-month deferral of the 2020 premium increase, extending policy suspensions, premium relief for those on government JobKeeper and JobSeeker payments, covering COVID-19 admissions regardless of product type, and recognition of telehealth consultations as a feature of extras claiming—now a permanent feature for Australian Unity members.
David Brajkovic, CEO of Australian Unity Private Health Insurance said:
"As a provider of health, wealth and care services, Australian Unity is focused on doing all it can to reduce the impact of COVID-19 on our members, customers and the Australian community.
Australian Unity will notify health insurance members directly about how and when they will receive their premium relief.