It's "compare your insurance policy" time of year, as the new rates go up April 1st, generally. So Qantas is pulling out the big guns and offering up to 120,000 points depending on your situation for switching to their insurance.
EDIT: one user has described a 'hack' to pay less, and still earn the max 120k points. At your own risk of course.
Edit 2: Thanks to chickenface: Points will be credited over 9 months, in 8 equal monthly instalments which will commence after the policy has been held for 60 continuous days. To receive each instalment of the Qantas Points, the qualifying premium must remain the same and payments must be paid up to date.
Note that you can also earn points just by walking/cycling/swimming/sleeping using their Wellness app, from which you earn even more points if you're an insurance member.
(disclaimer, have previously worked on their team years ago, no longer affiliated, just think it's a quality product).
From their email:
"Join thousands of Australians who have already made the switch to Qantas Health Insurance since it launched in 2016. In that time our members have been rewarded with over 2.5 billion Qantas Points^ - that’s equivalent to around 8,500 return Business Class flights from Melbourne to London (plus taxes, fees and carrier charges).~
Now it’s your turn
Make the switch to Qantas Health Insurance and you could be planning your next holiday sooner. Earn up to 120,000 Qantas Points* for couples, families, and single parents covers or up to 60,000 Qantas Points* for singles cover, when you sign up by 5 April. So where could you go?"
Insurance is underwritten by NIB.
OF course, do your research first. For me the difference between it and the other best policy for me was about $8 a year, and I get Qantas points with this one, so a no brainer.
To calculate how many points, see this chart.
@batrarobin: awesome great stuff, def report back!
qantas/nib have had this system for over 18 months so i find it hard to believe that it has changed recently. i'm close to the industry and how the systems work - so i know how slow things move with them :)