Posted by Michael Wonder on 06 Apr 2020
Cash back for health fund members from COVID-19
6 April 2020 - Health fund members could be in line for hundreds of dollars in cash payments or premium reductions from their health fund as insurers hand back windfall profits from COVID-19.
Major health funds will in the next few weeks reveal how they will hand back to their members billions of dollars they will save as a result of COVID-19 surgery and dental bans.
Members could be in for substantial rebates, premium reductions or have their health cover extended for free under various options being considered by the funds.
