TUH has announced a cash give-back to our members, with $30 million in savings being deposited into members’ bank accounts in coming weeks.
The savings are a result of reduced claims made by our members during the COVID-19 pandemic. We’ll be making payments between $100 and $2,000 to everyone who is eligible by the end of November 2023.
“The fact that our members made fewer claims on their health insurance during COVID means we can give something back,” says Rob Seljak, Chief Executive Officer. “TUH is owned entirely by our members, which means we value people and their health more than profits. We know our members spend their lives looking after others, and that’s why we’re so happy that we can help look after them.”
The cash give-back is the latest in the range of support we’ve offered over the pandemic period. We were one of only a few Australian health funds that froze premiums in 2020, and deferred increases in 2022, keeping a lid on costs when we know many members needed the financial support. TUH has also just been announced as the Best Private Health Insurer of the Year in the Roy Morgan Customer Satisfaction Survey in September 2023.