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Bupa keeps healthcare affordable for members

Bupa keeps healthcare affordable for members

Bupa today announced an average premium increase of 4.91%, below the industry average of 5.06%.

Bupa’s Managing Director, Richard Bowden, said: “We recognise that our members don’t like price increases, so we work extremely hard to keep healthcare costs affordable, whilst continuing to provide new and better services.”

Over the last 11 years, the average annual premium increase across all Bupa’s health insurance brands has been below the industry average.

In the 12 months ending June 2011, Bupa paid $3.8 billion in benefits to members – an increase of more than 8.9% on the previous year.

“We also realise how important it is that members receive maximum value from their cover when they’re healthy, as well as when they need treatment,” Bowden said.

“That’s why we keep investing in new products, health programs and technological innovations that benefit our members.

“Bupa remains committed to improving the health of our members, and we will continue to provide them with the healthcare support, information and advice they need both now and in the long-term."

On average, this increase equates to less than $1.30 per week for a single person, and $2.90 per week for a family with Bupa health cover – with the Federal Government 30% Rebate on private health insurance.

– Ends –

A snapshot of some of the benefits Bupa provides:

  • Bupa supports the medical treatment of more than 7150 members in hospital each day.
  • Our members spent over 2.6 million days in hospital receiving the private care they required.
  • Bupa pays for more than 65 members giving birth every day. Bupa spends around $6200 on average when a baby is delivered, and around $7500 when the birth is via a caesarean.
  • About 60 members undergo a heart operation each day, at an average cost of around $14,300.
  • Bupa funds around 1022 cancer treatments each week, at a cost of around $4220 per treatment.
  • Every day, Bupa supports 350 children to get the medical treatment they need in hospital.
  • Bupa members have access to our extensive network of more than 10,000 ‘Members First’ dental, optical, physiotherapy and chiropractic providers.

To find some information on different Bupa health insurance options, you can either compare health insurance or get a health insurance quote online.

For all media inquiries, please contact:

Matt Allison
Media and Corporate Communications Manager
Mobile: +61 (407 440 212)
matt.allison@bupa.com.au

About Bupa As a leading healthcare business in Australia, Bupa’s purpose is to help Australians live longer, healthier, happier lives. 

Bupa proudly provides health insurance to more than three million Australians (previously under the well known health insurance brands MBF, HBA, and Mutual Community), as well as complementary healthcare services through Bupa Health Dialog, Peak Health Management and Blink Optical. Bupa Care Services is an aged care provider with 47 facilities around Australia.

 Bupa focuses on providing sustainable healthcare solutions that represent real value, and on leading the industry in the promotion of preventive health and wellness – helping customers better manage their health for the long-term. Bupa’s Australian businesses are part of the international Bupa Group, which cares for more than 30 million people in over 190 countries.