Bupa (Health insurer?) sent me an Email yesterday detailing changes/removals to my benefits as well as notifying of an increase in contributions. (now $150 a month single person cover)
The changes greatly affect me as a result of my age ie wear and tear on my body. imo
Its nothing short of a Rort and as cunning an act as I've seen. imo
"Australia’s largest health insurer, Bupa, sparked controversy this week when it downgraded the policies of more than a third of its members amid concerns over unexpected gap fees. From July, Bupa will amend about 720,000 policies so that the restricted cover those members have for certain services, paying minimal benefits, becomes an outright exclusion. This will include hip and knee replacements, pregnancy, IVF, cataract procedures, obesity and some plastic surgery — areas in which insurers have for years allowed members to restrict their cover in an effort to reduce their premiums. These procedures leave patients with some of the biggest average gap fees, or out-of-pocket expenses, after insurance benefits are paid. In one email to members, Bupa said “feedback from customers has shown the value of ‘minimum benefits’ (restricted cover) included in their health cover was not clear”."
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"The private health fund Bupa has told a third of its Australian membersthey are no longer covered for hip and knee replacements, pregnancy and other major procedures. The change, effective from July, comes as doctors’ groups, politicians and a Senate inquiry criticised Australian health insurers for being overpriced and “useless”. Bupa, a UK-based company, made 49% of its worldwide profits from Australia and New Zealand alone in 2016. It is Australia’s biggest private health insurance provider."
