Australian Unity announces further deferral of health insurance premium increases
In its full year results, wellbeing company Australian Unity announced it will further defer the 2023 premium increase for its private health insurance members until 1 April 2024.
This announcement is in addition to Australian Unity’s initial deferral of the 2023 premium increase until 1 November 2023.
Australian Unity Health Limited’s Chief Executive Officer, Rebecca Windsor said this announcement adds to the package of financial support and relief measures already provided to our private health insurance members through the pandemic and recognises the impact restrictions have had on access to some healthcare services.
“Our focus remains on meeting the wellbeing needs of our customers and delivering value to our members, as many Australians face cost of living pressures,” Ms Windsor said.
“We understand there are many in our community who are doing it tough and by deferring the 2023 premium increase, we hope to ease some of the financial pressures our private health insurance members may be experiencing.
“Keeping health insurance affordable is a priority for Australian Unity, and this planned deferral builds on the range of relief and support measures we have provided to date, and will bring the total to approximately $98 million.”
Australian Unity will notify private health insurance members of how the deferral will impact them.
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Media contact:
T: 1300 408 776
E: media@australianunity.com.au
About Australian Unity
Established in 1840, Australian Unity is a member-owned wellbeing company with more than 385,000 members and more than 700,000 customers. Our range of health, wealth and care products and services provides member, customer and community value that is supportive of personal and community wellbeing.