About five million Aussies will receive a cash boost from two of the country’s biggest health insurance providers.
HCF has announced it is giving back $130 million to its customers in a second round of COVID savings. Likewise, Bupa is planning to give back $155 million October.
HCF has about 1.8 million members, so the average customer will receive around $72, News Limited reports, although members have different policies which would make them entitled to significantly less or more.
The money should kick in before Christmas.
About 3.4 million Bupa customers who had private health cover for at least three months between 1 July 1 last year and 30 June 30 this year will see between $16 and $118 deposited into their accounts.
Bupa Health Insurance managing director Chris Carroll said: “I encourage our customers to ensure their details are up to date so they can receive their cash back as quickly as possible.”
HCF CEO Sheena Jack said: “Given the changed healthcare landscape over the past three years, it’s only fair we work hard to find more ways to give back and to help members manage mounting cost of living pressures.”
Were you aware of these funds’ cash-back schemes?
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