Re­duce in­surance pain

The Sunday Telegraph (Sydney) - - NEWS -

YOU can snare hun­dreds of dol­lars in sav­ings on pri­vate health just by de­mand­ing a bet­ter deal — but you need to hurry as in­sur­ers pre­pare to rake in an ad­di­tional $654.2 mil­lion from the up­com­ing April 1 price in­creases.

Fam­i­lies will be slugged an ad­di­tional $200 a year when the av­er­age pre­mium in­crease of 3.95 per cent kicks in but des­per­ate in­sur­ers will do al­most any­thing to keep cus­tomers.

Many have rolled out a suite of in­cen­tives, in­clud­ing up to six weeks’ free cover, gift cards, trendy ac­tivewear, din­ing vouch­ers and even movie tick­ets to grab mar­ket share. But in­dus­try ex­perts are urg­ing con­sumers to pick up the phone and de­mand a bet­ter deal or vote with their feet.

Canstar’s gen­eral man­ager of wealth Josh Cal­laghan said ex­ist­ing cus­tomers can be re­warded as well as new mem­bers sign­ing up.

Josh Cal­laghan.

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