Members Own Health Funds launched in 2014 and is going from strength to strength. We began as a group of 19 like-minded not-for-profit and mutual health funds that came together to make Australians aware of the benefits of being with a health fund like us.
Australia’s health insurance is dominated by a listed company and an overseas-based multinational, but there is a shift and consumers are voting with their feet. People are wanting more and expecting better from their health insurance, which is why the health funds that are run to benefit their members are changing the health insurance landscape for the better. We believe passionately that health insurance is about protecting the health of members, not making profits for others.
We live in the Now Economy which simply means that consumers want to choose businesses that not only provide them with great value and a trustworthy and responsive service, but they also want to know what the company stands for, their values.
Affordability has never been more important to people, which explains the extremely high satisfaction levels of people with funds that make up Members Health. These funds return a higher proportion of member premiums back in benefits – on average it’s 91%! You can imagine the sacrifices these funds make to keep giving their members so much back.
The good news is that it’s never been easier to find a Members Health Fund, they’re everywhere and you can’t go wrong. There are some amazing local regional funds and a range of funds tailored for specific industries like teachers, military, doctors, bank employees, transport and energy employees, emergency services, nurses etc. Members Own no longer operates a phone-based comparison service, but a great place to begin your search for the right one for you and your family’s needs is at membershealth.com.au. The Members Health site allows you to filter funds by relevant criteria.
We also recommend you make a shortlist of funds that you qualify for or you feel best suit your needs and values, and then simply give them a call to see how you’re better off. It’s worth doing a regular health cover check. Ask about your policy’s restrictions, understand any exclusions, excesses and co-payments. Imagine the peace of mind that comes from know what you’re cover for and discovering a health fund solution where you’re not paying too much.
Members Own is now bigger and better than ever, joining forces with the Members Health Fund Alliance, which represents 27 health funds. Members Health is truly one of the unsung heroes in private health insurance and you can expect more and more great news for Australians in the years to come.
Questions about your recent application?
If you have any enquiries about an application made through Members Own Health Funds in the past, please contact your new fund - they will be able to answer any questions you may have.
If you're already with a Members Health fund, then please share the love, share your experience and let people know that it is possible to feel really good about your choice of health insurance.
In November 2015, over 1 million Australians had their health insurance with a Members Own health fund and in 2020, the Members Health group now represents over 3 million Australians.