Health insurance explained

Your kids can stay on your policy if they meet the criteria of a dependant.

A dependant is a child who is under the age of 21 and is:

• covered by a family or single parent policy; and
• is not married or living in a de-facto relationship.

At HBF we also choose to cover dependants under 25 years of age provided they meet the criteria in the 2 points noted above and they:

• are a full-time student; or
• earn no more than $24,500 taxable income per calendar year.

Yes. You and your partner have the option of either being on a couples health insurance policy, or taking out two separate health insurance policies.

With HBF, a couples health insurance policy costs the same as paying for the same products on two singles policies (before applying the Australian Government Rebate on Private Health Insurance or Lifetime Health Cover loading). It's entirely up to you to decide what suits your needs best — we recommend exploring all available options before making a decision.

You will need to add your newborn to your policy within three months of your baby’s birth. This way, your baby will be covered from their birth and won’t have to serve any new waiting periods, provided you have completed yours.

If you’re currently on a Single or Couples policy and want your newborn to be covered, you will need to increase your cover to a Parent Plus or Family policy. If you’re already on a Family policy, you won’t need to pay anything extra to add your newborn to the policy.

Yes, you can. With HBF, you can get health cover for just your child. To find out more, please contact us.

No. HBF, like most health funds, have a 12-month waiting period for pregnancy and birth. Waiting periods help to discourage people from signing up for health cover, claiming and leaving soon after, which drives premiums up for all other members of the health fund.