Member News

RBHS eligibility change

 

The RBHS has had a recent change to the criteria for holding a membership.

Previously, child dependants over the age of 18 (or 25 if studying full time) were unable to commence their own cover with the RBHS once being removed from their parent's membership. Similarly, a separated spouse/partner of a member was unable to take out their own cover with the RBHS.

From 1 July 2014, membership is open to:

  • current and former employees of the Reserve Bank of Australia (RBA) and Note Printing Australia (NPA) and their spouse and dependent children
  • their former spouse and adult children

 

Special offer to members joining the RBHS:

As an added benefit, we will waive the following waiting periods for newly eligible members joining before 30 September 2014:

  • 2 month waiting period for all hospital treatment, including palliative care, rehabilitation and psychiatric treatment
  • 2 month waiting period for all Extras benefits on items with a maximum entitlement limit period of one year
  • 12 month waiting period for hospital treatment relating to obstetric treatments

Waiting periods will still need to be served for the following:

  • 12 month waiting period for any general treatment with a maximum entitlement limit period of two years or more. After 12 months of cover, benefits with a maximum limit entitlement period of two, three and five years will be paid in subsequent years on a pro-rata basis
  • 12 month waiting period for any hospitalisation related to a pre-existing condition, with the exception of psych, rehab & palliative care which carry a 2 month waiting period (as mentioned above)

If you are transferring from a current RBHS membership or have held equivalent or higher cover with another fund prior to joining/re-joining the RBHS, you will not be required to re-serve the waiting periods you have already served.

To join, simply download an application form here, or call our Customer Service Team on 1800 027 299.  

1 July 2014

 


Tax statements 2013/14

Tax statements for the 2013/14 financial year are now available for download through Online Member Services. You will also receive a hard copy via post. Each person on your membership filing a tax return will need their statement.
1 July 2014


 

Income tier threshold changes for 2014/15

The income tier thresholds have increased for 2014/15. If you earn over $90,000 (single) or $180,000 (family), you will need to select an appropriate rebate tier.

Read more

1 July 2014


 

Rebate Changes 2014

The Australian Government Rebate for Private Health Insurance is changing. From 1 April this year, the rebate you receive will depend on your age, income and inflation (CPI) increases each year. The Rebate will change every year from now on, depending on CPI (inflation) and average health fund industry increases in premium. It's calculated using a Government formula.

Read more 

1 April 2014