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St.LukesHealth premium increase is again lower than industry average

Tuesday, 4 March 2014

St.LukesHealth has announced its premiums will increase by an average of 3.16% from 1 April 2012. Again this year, this means that St.LukesHealth members will experience an increase which is under the industry average of 5.06%.

The increase is necessary to cover the rising costs of health care delivery. In Australia we have one of the best health care systems in the world, providing access to the latest technologies and treatments which are delivered with the highest standard of care. To maintain this level of care, increases in the costs of delivering health services are necessary and as a result are reflected in the hospital, medical, prostheses and allied health benefits that St.LukesHealth pays to members.

As always, we have taken all measures to keep the increase to a minimum.

However, we also have good news for members about new benefits and exciting new initiatives soon to be introduced to provide even more value for money for members. Please refer to your newsletter to be sent out with your rate change letter for more information.

St.LukesHealth is proud to be a 'not-for-profit' fund which means your premium stays within the fund for the benefit of members. We are also committed in providing you with the best in customer service and invite you to contact us on 1300 651 988 should you have any enquiries about your rate change letter.

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