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Bupa continues to provide value for money

08 February 2013

Bupa today announced an average premium increase of 5.80%.

Bupa Australia and New Zealand Managing Director, Dean Holden, said Bupa had an excellent track-record of ensuring private health insurance remained affordable and provided value for money.

Our products and pricing reflect Bupa’s ongoing commitment to keeping premiums as low as possible, and helping reduce the out-of-pockets our members pay,” Mr Holden said.

"Everything we do is geared towards helping our members be healthier, regardless of whether they need treatment or are proactively managing their health."

In the 12 months ending June 2012, Bupa paid $4.1 billion in benefits to members – an increase of more than 8% on the previous year.

"We work extremely hard to keep our members’ costs as low as possible and to help manage the ever-increasing costs of medical technology and healthcare delivery," Mr Holden said.

Bupa is proud to offer members access to Australia's largest combined provider network, which means you have greater choice of general dental, optical, physiotherapy and chiropractic providers, plus the added certainty of knowing any gap you may need to pay beforehand. Plus we invest in a range of health tools and apps; provide access to health programs, phone-based coaching, and chronic health condition support.

– Ends –

Benefits Bupa provided (for the year ending 30 June 2012)

  • Our members spent more than 2.8 million days in hospital receiving the private care they required.
  • We spent more than $110 million so almost 46,000 children could be treated in hospital.
  • Bupa paid for 71 members to give birth every day.
  • We spent an average of $5500 when a baby was delivered (non caesarean), and around $7,400 when the birth was via a caesarean.
  • 66 members underwent a heart operation each day at an average cost of around $14,000.
  • Bupa funded more than 3,800 cancer treatments each week at a cost of around $2,300 per treatment.

Find out more about the premium review

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 Australia and New Zealand
Bupa Australia and New Zealand’s purpose is to help people live longer, healthier, happier lives. It provides health insurance, aged care and related services and complementary healthcare services through Bupa Health Dialog, Peak Health Management and Blink Optical. Bupa focuses on providing sustainable healthcare solutions that represent real value, and on leading the industry in the promotion of preventive health and wellness. Bupa’s Australian and New Zealand businesses are part of the international Bupa Group, which cares for more than 30 million people in over 190 countries.