This question used to be easy. That is no longer the case. Once upon time all health funds Ancillary benefits were renewed at the end of a calendar year (Hospital cover was renewed at the end of the financial year).
Now each health fund varies when they renew your ancillary cover in 3 ways. Some are calendar year, some are financial year and some are the anniversary of the date you joined. Some pay more, depending on your membership level. Confusing isn’t it?
Sadly one particular big health fund (no names) still pay the same benefit for osteopathic treatment as they did several years ago. It’s ironic then, that your health fund is happy to increase your premiums by about 5% every year.
There is also one particular heath fund (also a major player, you know them well from their barrage of TV adverts… and I wonder how big that advertising budget is? ). If you’re a new member with this health fund, they automatically exclude osteopathy from their member’s benefits but happily include physiotherapy and chiropractic automatically.
Personally, I foresee some sort of government intervention coming shortly, in the aim of stricter regulation of ALL health funds because presently, it’s like trying to compare ‘apples and pears’. (I’ll keep you posted).
So on a happier note, I’m pleased to recommend a health fund that suits you for Osteopathy & importantly Hospital Cover & also I’ll mention the one’s that are less beneficial to you and our profession.
As the health funds ‘goal posts’ change from one year to the next, then so do my recommendations. So please talk to me in person about this, if you need some help in this area, when I see you next.