Pay Health insurance 14mths in advance?

Anyway is it worth paying 14months in advance(new max after the last 2 years in advance payment) prior to April 1st?

Will want to pay next annual by March 31st next year!

Comments

  • +4
  • Thanks for this info, I had no idea discounts were had by doing this. Cheers!

  • I'm with NIB - currently paid up to mid July. Can only extend it out for a total of 13months - so 20th April is as far forward as I can pay. Thinking of doing it until 31 March 2015 - that way I can just run it on the PHI year.

    Uber crap that they stripped the rebate back.

  • I paid 18 (+1 free) in advance prior to EOFY last year with HCF. Our combined wage went up significantly and 12/13 was the last year we were entitled to the 30% rebate.

    I don't think it is worth doing just to avoid premium rises. If you are looking for a discount just change funds yearly and get the free 4-8 weeks they all offer as a switching bonus.

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