The Facts begin to flow on Health Insurance for FiftyUps
More than 3000 members of the FiftyUp Club have already answered our 2-minute Health Insurance Survey in less than 24 hours, to help us unearth some sorely-needed Facts about premium increases for the over-50s.
It’s a fantastic response and it means we will soon have enough data to scrutinise the real cost of premium increases for FiftyUps.
The concept is simple: members tell us what their premium is before the April 1 price rise, and what their new premium will be after April 1, and we calculate the REAL average premium increase for FiftyUp policyholders.
The early signs are that the FiftyUp average is substantially higher than the 6.2% industry average published by the federal government.
That would mean that FiftyUps are paying hundreds of dollars more in 2014, and their prices are rising by more than than other policyholders.
We will report back once we have enough data and we’ve done a thorough analysis.
If you haven’t completed the survey yet, simply click here and log-in to play your part in revealing some FiftyUp Facts on Health Insurance costs.
How it works
1. You complete our short survey. There are only 5 questions to answer so it won’t take long.
2. We analyse the REAL price increases that FiftyUps are receiving on their Health Insurance premiums.
3. We report back once 1000s of members have played their part and shared some FiftyUp Facts on Private Health Insurance.
