Two Health Funds at Once to Get Points?

strongzero on 21/03/2022 - 12:24
Last edited 21/03/2022 - 14:19 by 1 other user

I would like to take advantage of the Qantas insurance offer. I personally don't have a health fund, but my partner does (with BUPA). I'd like to purchase the couples cover as it comes with double the points. Would having two health funds at once cause problems with BUPA?

Also, If I do go through with it. How do I prevent Nib from sending a transfer certificate to BUPA? Can I just elect that we are not transferring funds?

A similar question was posted on OzBargain about 6 years ago. However, I was wondering if anyone has had any recent experience with this?

Thanks.

Health & Beauty Qantas

Comments

  • xuqi on 21/03/2022 - 12:39
    +2

    I doubt you'd be able to claim 2x tax rebates, which also underpins the reporting systems they have in-place.

    • strongzero on 21/03/2022 - 12:53

      I'm only wanting to claim my own.

  • capslock on 21/03/2022 - 12:59

    I haven't seen anyone report any issues with having 2 policies at once but it is written at least in the Qantas T&Cs that it is not allowed. So you will probably be ok but be open to the possibility that something could go wrong whatever that may be.

    • strongzero on 21/03/2022 - 13:05

      That's a good point. Probably worth just insuring myself then.

  • netjock on 21/03/2022 - 13:00
    +1

    Can I just elect that we are not transferring funds?

    Yes. But you will have a wait period for certain treatments.

    Not sure why you would not want to transfer your partner over.

    • strongzero on 21/03/2022 - 13:06

      Purely for the points. She doesn't intend to use the Qantas policy.

  • djkelly69 on 21/03/2022 - 13:03
    +2

    Must be a lot of points on offer if it is somehow worth paying to double-insure your partner??

    Edit: just had a look. It seems like this is for 60k QFF points at most? How much extra are you paying to get these points? I am certain there will be better ways to earn points if that is all you are doing it for.

    • strongzero on 21/03/2022 - 13:20

      Ultimately, I took your advice and just decided to go for the singles policy. Not really worth paying twice. Especially when it goes against nib/Qantas T&c's.

  • Archi on 21/03/2022 - 13:24
    +3

    wouldn't it be more cost effective to get a couples policy with your partners insurance rather signing up for a single one on your own.

    get the point another way. ongoing savings is probably more beneficial.

Login or Join to leave a comment
Login Join