RBHS has one option for Extras Only cover, with Premiums Extras giving you back up to 90%.
Reserve Bank Health Society (RBHS) is a restricted health fund for current and former employees of the Reserve Bank of Australia (RBA) and Note Printing Australia (NPA), and their family. Their Extras Only cover policy gives back up to 90% of the service cost, and multiple-year service limits to reflect the natural timing of when you will need it most.
Top 3 features
- Good for comprehensive cover.
- Good for current and former employees of RBA and NPA.
- Beware if you're after a budget cover level.
What RBHS Extras Only policies are available?
Premium Extras is the extras-only cover option available from Reserve Bank Health Society and covers a wide range of dental, optical and other general treatment expenses, in most cases giving you back up to 90% of the relevant cost.
The policy covers;
- Ambulance cover (no annual limit)
- General dental (no annual limit)
- Major dental
- Laser eye surgery
- Orthoptic treatment
- non-PBS pharmaceuticals
- Remedial massage
- Hearing aids
Other benefits of RBHS Extras Cover
RBHS Extras Cover includes some attractive benefits, such as;
- Wide service range. This extras plan includes some very hard-to-find features like $2,800 of IVF cover to help pay for the non-Medicare costs involved in IVF. The dental cover is particularly expansive, with specific benefits payable for things like after-hours dentist call-outs, teeth whitening and any other dental expenses not specified.
- Optical and dental benefits. Unless otherwise indicated in your policy, Reserve Bank Health Society covers up to 90% of the service charge for optical and dental treatments.
- High multi-year limits. Each service has multi-year limits designed to match the usual frequency of use. Compared to the majority of health extras plans in Australia, the limits and benefits payable are both exceptionally high.
- Vaccine cover. 90% of vaccine costs are covered, with no limit.
- Health screenings. Up to $610 for health screening every three years and a separate $210 for non-Medicare mammograms every two years
- Prosthetic devices have additional cover, a range of both surgical and non-surgical devices.
Other member benefits for RBHS health insurance include;
- My Health Online. This online wellness portal provides a range of tools and resources to help you manage your wellbeing.
- My Hospital @ Home. This program allows you to get out of the hospital earlier and receive the care you need in the comfort and privacy of your home.
- Strive for Health. This program helps members with chronic conditions manage their health.
- Rehab in the Home. This program offers short-term therapy in your own home following procedures such as joint replacements.
How do the costs work?
RBHS has per-item limits on services, as well as service limits across several years. All two years and over benefits are calculated on a rolling year basis from the date of service, not the calendar year. Check with RBHS about you 'service date' to ensure you're covered.
If you're planning any comprehensive or expensive health care, you should ask for a provider quote and then ask RBHS for details of the payable benefits.
Sometimes members who incur health costs not specifically covered under the standard extras policy might be eligible for consideration for benefits payment under the 'special claims category'. Contact RBHS if you would like to inquire about special claims.
Waiting periods and limitations
Most of the multi-year waiting periods commence the first time you make a claim for that specific service. Where there is a limit on the number of items or services that you can claim, it resets on 1 January each year.
The following waiting periods apply to your cover:
- 12 months: Major dental, health aids, optical and laser eye surgery
- 2 months: Most other services
Note that some items may have their own specific waiting periods, different to the ones above.
How to make a claim
You can generally just swipe your membership card at the time to pay for most services.
Alternatively, you can also make a claim online by sending in a form by mail, fax or email. You can also make a claim by using the RHBS app.