This might be worth something to someone that is looking to take out private health care.
This spring Medibank are giving you the chance to double your points when you join.
Get up to 50,000 BONUS POINTS when you join by 30 November and when you achieve 500,000 steps with steps to savings Medibank will double your points!
That means you could get up to 100,000 BONUS POINTS – that’s worth up to $500 of rewards!
Important T&C
This kills it.
I would get over $500 in gift cards from hopping to other funds in 6 months
Already up to $500 from July ($200 HCF + $100 Amex hcf credit + $100 bonus/$100 confirmed referral for peoples care) and on 31 oct I qualify for $200 NIB gift card bonus )
Don't you have to restart your waiting period each time you change funds though or is there a workaround?
No. just provide the transfer certificates on signup
You don't have to restart your waiting period if you are covered for the same thing under your old policy (i.e. the duration of the waiting period served is carried over to the new policy) but presumably you'd loss some coverage by switching frequently (e.g. if you have already served the waiting period for a particular item when you switch to a policy that doesn't cover that item for 3 months, then you switch to another policy that does cover that item and you have to serve the waiting period again).
@flipsahoy: Exactly, what love a bargain said. I worked in the health insurance industry, policies from diff. companies are never the same, and many times people never look into it, so make sure you do your diligence.
I'm only interested in PHI because of the MLS, it's to avoid extra tax. So all the gift cards I get from hopping between funds are a bonus
Otherwise I'm happy with the public system as I find it superior to private hospitals when it comes to medical treatment.
For extra's, I have AHM top level, cost me around $60 a month but end up claiming 4 X that amount per month
I would have no problem being treated as a public patient in a public hospital (not to mention that there is no gap to pay), if only the waiting list at my local public hospital isn't that long. In this part of the country, unless you're seriously dying, it might be years before you get an appointment at a public hospital.
I'm learning it the hard way. Long story short, need a procedure done but it's not covered by my previous policy. Switched policy and serving the 12-month waiting period while I am on the waiting list for an appointment at the public hospital. 6 months in and I'm still waiting.
I was with Medibank earlier this year and left for NIB who gave me $200 EFTPOS card. Can i go back to Medibank to claim the 50,000 FB points?
When will the 50,000 be credited to? Last time it was after 6 months of joining or so.