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Health insurance company Medibank will return a total of $215 million to its customers as a result of fewer health insurance claims during and following the COVID-19 pandemic. Meanwhile, Medibank subsidiary AHM health insurance will extend its unclaimed extras annual limits so they can be used in the new financial year. Medibank said all of its customers would receive at least $50 while some will receive up to $360, depending on their level of cover.
However, the extension will not apply to unused extras from the 2022-2023 financial year, optical cover or services with rolling limits such as post-natal services. All Medibank and AHM customers who were with either company before July 1, 2024 will be eligible for the rebates and limits rollover schemes. Customers are not required to submit any information to receive the benefits.
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