Our member-owned health fund is for current and former CBA Group staff and their families – find out now if you’re eligible to join the CBHS family!
CBHS Health Fund
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1300 654 123
Making hospital cover more affordable for young Australians
From 1st April 2019, CBHS Health Fund will be offering age-based discounts on Hospital cover for young Australians (aged between 18 and 29).
The discount you receive on your hospital premium, depends on your age when you first take out eligible Hospital cover and ranges from 10% (if you take out cover before the age of 26) to 2% (if you take out cover at the age of 29).
The discount is ongoing, which means if you keep your eligible Hospital cover, your discount remains until you turn 41. From then, the discount will reduce by 2% per year until it reaches zero.
To be eligible you’ll have to have your own policy or a policy with your partner. The age-based discount is not available for dependants who are on their parents’ policy.
If you are on a couple or family policy, the discount is calculated by taking an average of the discount applied to the adults on the Hospital cover.
If you’re a CBHS member, and under 30 as at April 1, and your Hospital cover is eligible for an age-based discount, the discount will be automatically applied to payments made from 1 April 2019. The amount of your discount will be based on your age as at 1 April 2019.
For new CBHS members, your discount will be based on the age you are when you first take out Hospital cover with CBHS. If you switch from another fund after 1 April 2019, your aged-based discount will carry over from your current fund.
* as a transitional arrangement for existing policy holders, their age when their insurer first introduces age-based discounts to their product. For example, a consumer who is 28 on 1 April 2019 could receive a 4 per cent discount, even if they first purchased hospital insurance when they were 25 years old.
Feel free to contact us if you have any questions about the Age-based discounts.
Our friendly team is ready to answer your queries by phone at 1300 654 123 or get in touch with us with Live Chat.
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
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! 😃
- Jessica B
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
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
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
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
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
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