Many health funds offer discounts when you pay your premiums by direct debit.
You also typically cannot earn reward or frequent flyer points on cash advance transactions.
Direct debit is an easy and safe way to manage your health insurance premium payments.If youre not careful, you could end up paying premiums to two separate funds, so make sure to always keep track of the direct debit arrangements you have in place.The discount is applied at a daily rate of 5c GST per day and added up over the period of the statement.Your health fund will require you to fill out a direct debit agreement or authority form in order to set up this arrangement.Sign up for direct debit using our secure online form.After your annual review, if your Direct Debit needs to increase or decrease to match your estimated annual energy cost, well let you know and make the updates to your account for you.When this happens, you run the risk of your membership lapsing and having to go without cover as well as having to re-serve waiting periods when you rejoin.BSB number, account number, if direct debiting from a credit card, you will need to provide the following information: The type of card (Mastercard and Visa are widely accepted and some funds will also accept other brands).When its time for a Direct Debit review, we also take into account any outstanding balance on your account.You can choose the day of the month when you would like your premiums to be deducted from your account, allowing you to select a payment frequency that best suits your budget.To complete the form, you will need to provide your name, address, date of birth and your membership number articulate discount code as well as when the deduction will commence, the frequency of each deduction and its amount.If we carry out any ad hoc reviews then well usually only make changes to the amount you pay if we think it needs to increase or decrease.
This means that by choosing to do nothing and let us take care of your payments for you, you will also save money!
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If your employer offers salary sacrificing, you can also set up a direct debit arrangement so your health insurance premium payments are deducted straight from your pre-tax salary.
Setting up a direct debit means you dont have to worry about manually arranging payment whenever a premium is due.Electricity Market Offer Energy Plan, gas accounts, sign up for direct debit using our secure online form.A discount applies to statements with charges for electricity use and show a direct debit receipt in the transactions.When you set up a direct debit, you give your health fund permission to automatically deduct your premium payments from your nominated bank account or credit card whenever they are due.The table below details the discounts on offer from some of Australias leading health funds.