A Big Win for the FiftyUp Club in Queensland

Australia’s FiftyUps have done it again. You got behind us last week when we launched a petition on power prices in the Sunshine State.

I reported to you private health insurance would be next. I am delighted to announce that with your numbers and support we’ve delivered the goods once again.

At the moment this offer is for Queensland members, but we are already working on the other states.

Click Here to see the details of the Special Offer from nib.

We recognise that private health insurance is a big burden on older Australians, and so do you. That’s why more than 13,000 of you signed our petition calling for greater transparency in private health insurance.

Nationwide 5000 of you gave us the data to work out the average increase in private health insurance for us was 9.8%, one and a half times the national average of 6.2% published by the Federal Government.

This huge discrepancy, between the national average increase, and the average increase faced by our members is because the premiums for specific health insurance plans that people over 50 prefer to take up (cover for things like joint replacement) are rising faster than other plans preferred by young people (like cover for pregnancy).

In plain English the national average figure released by the government, although technically accurate, camouflages the much higher annual increases in health insurance premiums faced by most people 50 and over each year.

These problems are not just Queensland specific, they affect all Australians, but we need our friends up north to start signing up to boost numbers and give us a louder voice when we seek the deals you deserve, like the one above, from corporate Australia.