AIA Well being Insurance coverage is providing as much as 40,000 members money again on the extras cowl they’ve paid for that they may not use in the course of the coronavirus lockdown.
Members would have been unable to entry key extras companies reminiscent of dental, physiotherapy, and optical companies in the course of the pandemic.
“We’re placing a refund in our members’ pockets to help their monetary wellbeing throughout this difficult time,” mentioned AIA Australia chief medical health insurance officer Tim Tez.
Relying on the sort of cowl the member has, AIA members are in a position to obtain 50 per cent, 75 per cent or 100 per cent of their extras premiums again, minus any claims they could have made.
Nonetheless, members gained’t see the cash instantly; prospects who’re eligible for a refund might be notified in January 2021, and the refund might be paid into their financial institution accounts in February 2021.
Probably the most that a person might get again may very well be $945.80 for people or $1,891.60 for households, however this may be for these on Platinum standing who’ve AIA’s high extras product.
Members must have made a minimum of one cost for an AIA Well being Insurance coverage coverage between 1 April 2020 and 31 December 2020.
“As one of many latest medical health insurance manufacturers on the block we need to present how we’re going above and past at a time when Australians are assessing the worth they get from their insurance coverage and the take up of personal medical health insurance is in query,” mentioned Tez.
“It’s about educating our members on precisely what they’re paying for in the case of extras and guaranteeing we’re there for them alongside the journey.”
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