Two major health funds offer premium relief for drought-stricken farmers

Posted: 17 August 2018 3:59 am
News

Bupa and nib offer Aussie farmers up to six months free health insurance.

Two of Australia's major health funds, Bupa and nib, are providing their drought-stricken members with health insurance premium relief waivers. The waiver will be available to those who are eligible to receive the Australian Government’s Farm Household Allowance.

The move comes as many people in country Australia are dealing with one of the worst droughts in recent history, with two-thirds of Queensland and all of New South Wales officially being declared in drought.

“This is a tough time for Australian farmers. We know that money may be tight due to the drought, but we wanted to ensure farmers and their families can still access the health care they need,” managing director of Bupa Health Insurance Dr Dwayne Crombie said.

Bupa drought support

To be eligible to receive the drought assistance from Bupa you must be an existing customer as of 16 August 2018, be approved to receive the Australian Government’s Farm Household Allowance and lodge your application between 17 August 2018 and 31 March 2019.

In order to get the full six months ex-gratia premium relief, members will need to lodge their application for premium relief before 31 October 2018. If you lodge your application after this date, while you will still receive a benefit it will not be for the full six months. The table below displays the benefits at different lodgement dates:

Date of application Amount
17/08/2018 to 31/10/2018 6 months
01/11/2018 to 30/11/2018 5 months
01/12/2018 to 31/12/2018 4 months
01/01/2019 to 31/01/2018 3 months
01/02/2019 to 28/02/2019 2 months
01/03/2018 to 31/03/2018 1 month

To apply for the waiver with Bupa you'll need to either call Bupa on 134 135, head into a Bupa Health Insurance store or email BupaDroughtRelief@bupa.com.au.

nib drought relief

If you're looking to claim the nib health insurance premium waiver you need to be an existing member with nib as of 17 August 2018, be receiving the Federal Government's Farm Household Allowance and live in an area that has been declared in drought. The waiver is also available for nib's white label products from Suncorp and Qantas.

Members who wish to apply for the package should do so between 1 September 2018 and 31 December 2018.

To apply for the nib relief package just like with Bupa you can either call nib on 13 16 42 or head into an nib retail centre. You can also send your policyholder number, residential address and a copy of your Federal Government Farm Household Allowance approval via email to droughtrelief@nib.com.au or via snail mail to nib health funds, Reply Paid 62208, Locked Bag 2010, Newcastle, NSW, 2300.

Speak to a health insurance advisor

Need help now? Enter your details for a call back about your health insurance options. An expert can help you compare up-to-date policies from eight funds to see which one is best for you.

What you'll get:

  • 100% free expert advice
  • Pay the same as going direct
  • Instant advice if you call 1300 594 882

Choosewell Lender Logos

Latest health headlines

Picture: Shutterstock

You might like these...

Ask an Expert

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.
Ask a question
Go to site