Medibank Private offer - anyone in?

[amaroo]

7.6% for us .... better than the ~ 40% we copped a few years back.

 

[JohnK]

Got an email a few days ago with an increase of roughly 13%, did the premiums of anyone else go up as much?

I think mine went up ~10% which is really a joke. Expect an increase every year now to the point where one cannot afford private health cover. And I only have basic cover for a single person. Imagine if I had a family.

There was no need to privatise.

 

[blackcat20]

Havent had any notification of a price rise yet...

 

[kpc]

In anticipation of the price rise, I prepaid a year's premiums in advance a couple of weeks ago....so my premiums are now paid up to 31 Dec 2016. 2 days ago, I received a notice to pay my premiums now to beat the price rise.....for the period 1 Jan 17 to 31 Dec 17!!....so I did :shock::mrgreen:...hopefully my premiums are now prepaid til 31 Dec 2017 at today's (prerise) rates!!

 

[amaroo]

In anticipation of the price rise, I prepaid a year's premiums in advance a couple of weeks ago....so my premiums are now paid up to 31 Dec 2016. 2 days ago, I received a notice to pay my premiums now to beat the price rise.....for the period 1 Jan 17 to 31 Dec 17!!....so I did :shock::mrgreen:...hopefully my premiums are now prepaid til 31 Dec 2017 at today's (prerise) rates!!

Good point! I took advantage of this when the 30% rebate was ditched. IIRC 31st March is the deadline....

 

[Austman]

In anticipation of the price rise, I prepaid a year's premiums in advance a couple of weeks ago....so my premiums are now paid up to 31 Dec 2016. 2 days ago, I received a notice to pay my premiums now to beat the price rise.....for the period 1 Jan 17 to 31 Dec 17!!....so I did :shock::mrgreen:...hopefully my premiums are now prepaid til 31 Dec 2017 at today's (prerise) rates!!

What happens if you need to vary your cover before 31 Dec 17?

 

[amaroo]

What happens if you need to vary your cover before 31 Dec 17?

Prepay = no changes.

 

[kpc]

What happens if you need to vary your cover before 31 Dec 17?

Prepay = no changes.

My understanding is that if you make any changes, you will have to pay the new (current) rate.

 

[amaroo]

My understanding is that if you make any changes, you will have to pay the new (current) rate.

Correct. My "=" means loss of prepay benefit.

This was learnt the hard way by a few members when the PHI rebate changed.

 

[medhead]

Got the email today. In dollar terms 5.4% increase of premium.

 

[PLANT]

I can only get 14 months in advance.... How did you get to December?

 

[kpc]

I can only get 14 months in advance.... How did you get to December?

I asked the customer service agent what a year's premium was, and said I wanted to pay that amount...he was most reluctant saying the computer won't accept it...I said let me pay and see what happens. ..

 

[amaroo]

I can only get 14 months in advance.... How did you get to December?

When the stupids repealed the rebate - I was able to pre-paid for 18 months.

 

[medhead]

When the [-]stupids[/-] government took the economically responsible step to repeal[-]ed the rebate[/-] my middle class welfare - I was able to pre-paid for 18 months.

Fixed that for you

 

[Isochronous]

Fixed that for you

I'm sure amaroo pays a lot of tax. Private health insurance means not needing to use public hospitals as much. What is welfare is not having a Medicare co-payment.

 

[whatmeworry]

There was no need to privatise.

But but but the free market will sort itself out...

 

[JohnK]

But but but the free market will sort itself out...

It was a not for profit organisation that charged the appropriate premiums to survive.

Now we'll let greed decide what's an appropriate premium to compensate for over inflated executive salaries and obscene profits.

Yep. Free market....

 

[amaroo]

I'm sure amaroo pays a lot of tax. Private health insurance means not needing to use public hospitals as much. What is welfare is not having a Medicare co-payment.

The last line (the one in RED) tells a story!

 

[medhead]

I'm sure amaroo pays a lot of tax. Private health insurance means not needing to use public hospitals as much. What is welfare is not having a Medicare co-payment.

Funding people's lifestyle choices that they can afford themselves is welfare. It is definitely not welfare to not charge twice for Medicare. I've already paid for Medicare. A co-payment is double dipping.

But at least you didnt disagree that the last government was economically responsible for trying to cut unjustified welfare

 

[medhead]

The last line (the one in RED) tells a story!

View attachment 44539

Indeed. All because we have a whole heap of unjustified welfare. However, highlighting the line in red rings rather hollow when you've just called the people trying to do something about it as stupid.