WITH private health insurance premiums set to rise by an average of 3.73% from 01 Apr, Members Health Fund Alliance is encouraging pharmacists to take measures to minimise the impact of the increase on the family budget.
The first step is to see if you are with a Members Health fund, which operate as mutuals and are not-for-profit or are member-owned.
They keep health premiums lower than the large for-profit insurers and the annual increase tends to be lower.
As allied health professionals, pharmacists have access to Members Health funds that serve the healthcare worker community and are worth looking into.
A second tip is to review your existing health insurance policy to make sure you have the appropriate level of cover for your needs.
Thirdly, always talk directly with a health insurance fund before making a health insurance purchase.
Commercial online comparator websites can be a useful resource when shopping around, but if you read the fine print you will see they do not compare all insurers, or display all policies offered by insurers they do cover.
There is more info on the Members Health website HERE.
The above article was sent to subscribers in Pharmacy Daily's issue from 26 Mar 25
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