There won’t be a waiting period if you keep the same level of hospital cover, unless your payments are not up to date or if you are already serving a waiting period with your old fund.
Your ‘lifetime health cover’ won’t be affected and your old fund will pay back any money you’ve paid in advance.
Portability rules protect consumers when switching health funds.
Click here for the Private Health Insurance Ombudsman guide on transferring health insurance entitlements between health insurers or policies.
For more information visit www.privatehealth.gov.au or call the Private Health Insurance Ombudsman: 1300 737 299
Help your patients to understand their rights when it comes to health insurance.
Download a PDF copy of the ‘It’s your right to switch‘ poster for your medical practice.