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- Why join CBHS
At CBHS we help you manage your health challenges. We believe in offering you the services, support and tools you need to live your best life.
Our Better Living Programs are available to support eligible members towards a healthier lifestyle. Each Better Living Program is subject to its own eligibility criteria.
Contact us for more information and to confirm your eligibility for a program.
Why Join CBHS?
Everything we do centres around achieving that goal. We don’t exist for profit, or shareholders. We exist to serve you.
Who are we?
As a not-for-profit health insurance fund, we deliver high quality policies to 230,000 members, reserved for the Commonwealth Bank community alone.
And it’s been that way since we started in 1951. That’s more than 70 years of serving our members.
Easy to switch
We’ll take care of cancelling your cover with your previous fund, so you don’t have to. Plus, we’ll honour any waiting periods you’ve already served so long as you switch to an equivalent level of cover.
Member discounts
Your CBHS Membership entitles you to discounts on eyewear and contact lenses from a range of optical suppliers.
CBHS Member App
With the CBHS Mobile App, your health insurance is with you anytime, anywhere.
Get better your way
Access the Best Doctors Network, Chronic Disease Management and Hospital in the Home programs.
Government incentives
Find information on Government incentives like the Rebate, Medicare Levy Surcharge and Lifetime Health Cover loading.
Member-Owned funds
We pay out more
CBHS Health Fund
We consistently pay out more benefits than larger profit-driven funds. The three largest profit-driven funds paid out an average of 84 cents in the dollar in 2018-2019.* Members Health funds paid out an average of 91 cents. We paid out 93 cents.
*Source: Members Health Fund Alliance, ‘Why our funds are different’ (Nov 2019)
We reinvest any surplus
CBHS Health Fund
Member-owned funds invest their profits back into the fund, so they have more capital to spend on creating better health benefits and providing better service to you and your family. We’re not working to profit from your health. We’re working to promote it.Our margins are lower
CBHS Health Fund
Average margins for Member Health funds in 2018-2019 was 2.4%.* Compare that with between six and eight percent for three of the big profit-driven funds. Member Health funds operate on very slim margins, so we can afford to give more back to members.Our members trust us
CBHS Health Fund
Research shows that Members Health funds are well respected and highly trusted. Over 87% of members say they trust their not-for-profit health fund.*Can you join us?
If you’re a current or former CBA employee, an employee of a CBA contractor, or part of their extended families, choosing a health fund has never been easier. For better service, greater convenience, lower premiums and higher benefits, choose CBHS - the member-owned fund that works for you. Get a quick quote or give our friendly Member Care team a call on 1300 654 123.