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From 1 April 2019, Minister approves average premium increase of 3.67% for CBHS

19 December, 2018


PHI rate increase

On 19 December 2018, the Australian Government approved health insurance premium increases for all private health funds.  In April 2019, CBHS will deliver an average premium increase of 3.67% (3.41% allowing for aged based discounting for 18-29 year olds).  The industry average premium increase was 3.25%.

CBHS is committed to providing you with great value health insurance and we are proud to deliver benefits when they are needed most.  We have again kept affordability top of mind when considering premium increases while acknowledging that claims costs have increased in 2018.

As part of the Government’s Private Health Insurance Reforms package commencing 1 April 2019, members aged 18 – 29 years will receive a discount of up to 10% on Hospital policies, and there will be increased excess levels available on some products to help provide more affordability options for all members. View this short video for more information about the Private Health Insurance Reforms.

Thank you for your continued support of CBHS and trusting us with your health insurance needs. We will write to you in late February with the specific details of your individual premium increase once the Federal Government advises the level of Australian Government Rebate on private health insurance that will apply from 1 April 2019.

As always, we are happy to answer your questions.  Further information regarding premium increases is available here.  Alternatively please get in touch with our Member Care Team by email help@cbhs.com.au or by phone on 1300 654 123.

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What Our Members Think

I joined as a CBHS member in 1978. Through many health events and challenges CBHS has always been there for me and my family. Their exceptional service over this time has always been appreciated.

- Jenny J

What Our Members Think

I've not long joined CBHS from another fund, but so far I've been impressed by the super helpful and friendly staff, the higher claim limits and rebates at a very competitive premium, and how easy it is to lodge manual claims through the app. Thanks CBHS - you've won me over! 😃

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What I love about CBHS is their customer service - friendly staff and always ready to help and email you the information you ask about. Keep up the great work!!!

- Linda S

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I love CBHS as its so so easy to lodge a claim and whenever i need a question answered friendly consultant is one phone call away. The phone back option instead of waiting is brilliant!

- Rachel N

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I have been with CBHS since I began at CBA 15 years ago...Now I have three beautiful children, one who has a disability. Our top extras cover has been really essential for his early intervention. I do love the ease of claiming online.

- Annette E

What Our Members Think

I am relatively new to CBHS and am loving it already. I worked for a CBA subsidiary a long time ago but was still eligible to join. So much better that the for-profit funds - our premium is only a little more and we pay a lower co-contribution and get great benefits. I am loving the massage rebate for my partner and gym rebate for me!

- David G

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I'm extremely happy with CBHS! I have been a customer for about six years. I think the price is reasonable. And i would refer you to my family and friends any day. Thank you CBHS!!!

- Karen W

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Love CBHS as I never have to doubt that they've got my back when I need it. Been through other insurers who have limited options or limits, yet cost the same or more.

- Mark F

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