Who is CBHS Health insurance?
CBHS Health was originally known as The Commonwealth Bank Health Society, set up on 1 January 1951 by the Commonwealth Bank of Australia (CBA) to provide cost effective, quality healthcare. CBHS Corporate Health’s parent company is a nonprofit restricted-membership health fund.
CBHS offers you the flexibility to choose the amount of cover that suits you best, whether it’s an individual policy or family coverage. Member-owned funds invest their profits back into the fund, so they have more capital to spend on creating better health benefits and providing better service to you and your family.
CBHS is exclusively for current and former employees, contractors and franchisees of the Commonwealth Bank Group (CBA Group) and their eligible family members. CBHS offers different levels and tiers of coverage for hospitals and extras to help you find a health insurance plan that suits you best.
Do I really need private health insurance?
Yes. Private health insurance is not only a legal requirement but it also provides you with access to a wider range of services than you would receive through Medicare. Medicare only covers the basic hospital treatment that is deemed necessary by the government, so if you require any other treatment or service that is not listed on their schedule then you will have to pay for it out of your own pocket. If you do not have private health insurance then anything that is not covered by Medicare will have to be paid for in full by yourself or your family members (depending on your circumstances). This can include things such as physiotherapy, dental care and other extras like glasses or hearing aids.
What are my CBHS Hospital cover options?
1. Basic Plus Hospital
The CBHS Basic Plus cover is a starter product and offers a handful of benefits such as:
- Emergency ambulance services
- The ability to choose your own doctor in a public hospital
- Hospital Substitute Treatment and Better Living programs
2. Bronze level
The CBHS Limited Hospital (Bronze Plus) offers a range of essential services including:
- Joint reconstructions
- Ear, nose and throat
- Coverage for dental surgery, insulin pumps, dialysis and back, neck and spine treatment, which are not mandatory as part of Bronze cover. We’ve included them.
- Emergency ambulance services
- Hospital Substitute Treatment and Better Living programs
- The choice to make your premiums more affordable with an optional $70 or $100 co-payment.
3. Silver level
The CBHS Active Hospital (Silver Plus) is a high level of cover that’s very cost-effective. It offers generous benefits such as:
- Joint reconstructions
- Dental surgery
- Bone, joint and muscle
- Coverage for dialysis, insulin pumps, sleep studies and cataract surgery, which are not mandatory as part of Silver cover. We’ve included them.
- Emergency ambulance services
- Hospital Substitute Treatment and Better Living programs
4. Gold level
The CBHS Comprehensive Hospital (Gold) offers gold-standard benefits including:
- Pregnancy and birth
- Joint replacements
- Weight loss surgery
- Emergency ambulance services
- Hospital Substitute Treatment and Better Living programs
- The choice to make your premiums more affordable with an optional $70 or $100 co-payment OR a $750 excess.
All CBHS Corporate Health hospital and combined policies cover emergency ambulance services in all states.
Finding the right plan can be a daunting task. There are so many different types of insurance and so many different health insurance providers. The good news is, there are ways to find the best plan for your needs and preferences. And one of the most important things to remember is that you don’t have to pay more than you need to for health insurance. By comparing the different health insurance plans out there, you can find the best deal for you within minutes.
