NIB private health insurance rate hikes for 2024 are advertised as being “on average” 4.1% yet top health cover appears to have increased by 8.2%? Yet the funds were only seeking a 6% increase approval to begin with!! NIB seems unsupportive of members noticing this and have an attitude of doing what they please. Support is for doctors ever increasing profit margins and other stakeholders benefitting from them. The member out of pocket expenses from an NIB approved Doctor after major surgery was $5,000 and guess what? NOT covered by NIB!!! Please check your % rate of increase as I don’t believe they are open and transparent and only want one on one conversations, that lead nowhere, not an open forum so people can really see what’s happening.
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nib health funds is an Australian health care fund.