Fitting inwards a salubrious lifestyle is tricky nowadays. Many of us focus on beingness our best selves – physically together with mentally, but we’re awfully harsh critics when nosotros neglect to alive upwards to our ain expectations.
It’s for this argue that Australians should accept whatever ‘leg up’ they tin honor – whether that’s cheap exercise classes, or a costless repast plan. So, how tin your wellness insurer help? Well, it could salvage you lot hundreds of dollars on gym membership fees…
What’s covered past times wellness insurance?
Many of us accept out wellness insurance for adept reasons. Perhaps it’s for obstetrics encompass when you’re having kids. For others, it’s an extras policy to give-up the ghost novel pairs of spectacles each year.
You may non hold upwards aware, but about insurance policies – specifically, extras policies – encompass memberships to wellness together with lifestyle programs, such as:
- Gym memberships
- Exercise cast memberships (e.g. yoga, swimming, Pilates)
- Skin cancer screenings
- Health assessments
- Weight administration programs
- Quit smoking programs
- Access to nutritionists, do physiologists, together with more.
Some of you lot may ask, “Why create insurers offering this?” It’s simple: if you’re healthier, you’ll claim less ofttimes on your policy. When you lot don’t claim, the insurer doesn’t conduct maintain to pass whatever coin towards a claim. Everybody wins!
How much tin you lot claim back?
You’ll hold upwards able to claim a for certain total per twelvemonth on these lifestyle product. This may total little to a greater extent than than a few hundred dollars, but many would reckon that worth it over the long term. To position it inwards perspective, however, ane wellness fund on ComparetheMarket.com.au offers a $250 annual limit on lifestyle production benefits.1 The total you lot tin claim should hold upwards outlined inwards your policy brochure.
“(Your) refund is subject on the degree of encompass held … Holding individual wellness insurance does non ensure eligibility for a refund for fitness service.” – Fitness.org.au
Exclusions
You should hold upwards aware that about funds conduct maintain limits together with outright exclusions on this type of cover.
- In the illustration of several major funds, you’ll hold upwards able to access these rebates if a GP/Physio/Healthcare Physician signs a wellness administration form, unremarkably provided past times your insurer.
- Gyms must be be recognised past times your detail insurer. “Several funds don’t recognise personal preparation services, or 24 hr fitness oculus memberships,“ Fitness.org.au states, for example.
Check alongside your insurer to encounter which memberships you lot tin claim for.
Time to compare?
There’s enough of slap-up reasons to give-up the ghost wellness insurance – cheaper gym memberships is merely ane more. If you’re create to rails downwards ane of these products together with brand a alter inwards your life, compare australian polices or give us a ring. We’re eager to assist out whatever means nosotros can.
Sources
- Quote carried out on ComparetheMarket.com.au on 13/04/2016. Cover for unmarried male, living inwards QLD, encompass type: extras only.
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