Medibank and Other Private Health Retention Offers - Do We Know How These Work?

I'm with Medibank for Hospital + Extras and every now and then I call up retention and ask for a discount. This time I got 12% off for 12 months, just because I said there's a better offer put forward to me by AIA (completely made this up). I recall a few years ago I got 25% off for 9 months odd. Does anyone know what their formula is and how far we can push these?

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Comments

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  • I just churn and burn

  • Better of going somewhere else, their sign up offer will be even better than the tiny retention discount

    • Not easy to do with gold-tier coverage unfortunately, I've only ever seen one sign-on bonus that didn't explicitly exclude it.

  • The government forbids a discount of more than 12% to the annual hospital plan.

    • Any links to that?

  • I called Medibank (joined June 2025) - 6 weeks free and velocity points.

    The rep told me that Medibank can only apply extra weeks free after 12 months with Medibank.

    Is that true?

    Can I still move to another health ins prov and get 6 weeks free?

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