Cameroon Finance

Mar 22 2018

Australia – s first health and life insurance policy, health insurance for visitors to australia.#Health


Australia s first health and life insurance policy

Health insurance for visitors to australia

GMHBA and AIA Australia join forces to create new health insurance brand: myOwn.

Living well might just save you some cash on your health and life insurance premiums with the introduction of myOwn, a new health insurance brand backed by AIA Australia and GMHBA.

The new health insurance brand myOwn will be available to Australian consumers later this year and offer its members access to the AIA Vitality wellbeing program, which will help members live healthier lives and get better value for money from their health cover.

The AIA Vitality program provides members with tips, tool and ways to improve their health. It also rewards members for living a healthy lifestyle, be it through diet, preventative screenings or exercise, with access to discounts on various services. The big point of difference with myOwn is that it will reward members who actively use the wellbeing program with premium discounts and other AIA Vitality rewards.

“myOwn will appeal to Australians who understand the link between their healthy behaviour,” said GMHBA CEO Mark Valena.

We won’t know the product is launched later in the year the exact percentage amount of the discount.

Full information about the discounts and the product will become more clear once the myOwn products are launched, but it’s good to know that the discount won’t be tripped up by the fact that private health insurance is community rated.

“Any discounts that may be applied to myOwn health insurance premium will comply with the requirements for discounts in the PHI Act 2007 and Private Health Insurance Complying Product Rules 2015. That is, any discount applied will be no greater than 12% of the full annual premium for the private health insurance product,” Valena said.

The myOwn product is the first of it’s kind combined health and life insurance policy in Australia.

“This is a significant step forward for GMHBA, as not only will it provide a valuable point of difference for us as a fund, but it will also increase value for our members as they engage in a program that is orientated around a healthy lifestyle,” said Valena.

More information about the myOwn health insurance will be available at the time of its launch, which is planned for mid-2017. will monitor the progress of myOwn and publish the details as they become available.

Latest health headlines

Compare health insurance on

Health insurance for visitors to australia

Compare 30+ health funds today

Compare policies and quotes from 30+ health funds.

Health insurance for visitors to australia

Health insurance deals

Explore health insurance deals, and see how you can save.

Health insurance for visitors to australia

Compare combined health insurance

Get health insurance with extras and hospital cover in one policy.

Health insurance for visitors to australia

Health insurance for overseas visitors

Compare overseas visitor health cover offered by participating funds.

Ask an Expert

Posted: 26 May 2017

Related Posts

Health insurance for visitors to australia

Australia gets its first life and health insurance brand

AIA and GMHBA launch new brand: myOwn.

Health insurance for visitors to australia

AIA Vitality

Insurance customers with AIA Australia can

Health insurance for visitors to australia

Want an e-gift card for staying healthy?

ANZ tests rewarding OneCare customers who

Health insurance for visitors to australia

Life Insurance Reward Programs

Here are some of the health reward programs

Health insurance for visitors to australia

Life Insurance Hacks

If you’d like to cash in on some extra

Health insurance for visitors to australia

Get exclusive money saving offers and guides

Straight to your inbox

Disclaimer – Hive Empire Pty Ltd (trading as, ABN: 18 118 785 121) provides factual information, general advice and services on financial products as a Corporate Authorised Representative (432664) of Advice Evolution Pty Ltd AFSL 342880. Please refer to our FSG – Financial Products. We also provide general advice on credit products under our own Credit Licence ACL 385509. Please refer to our Credit Guide for more information. We can also provide you with general advice and factual information on about a range of other products, services and providers. We are also a Corporate Authorised Representative of Countrywide Tolstrup Financial Services Group Pty Ltd. ABN 51 586 953 292 AFSL 244436 for the provision of general insurance products. Please refer to our FSG – General Insurance. We hope that the information and general advice we can provide will help you make a more informed decision. We are not owned by any Bank or Insurer and we are not a product issuer or a credit provider. Although we cover a wide range of products, providers and services we don’t cover every product, provider or service available in the market so there may be other options available to you. We also don’t recommend specific products, services or providers. If you decide to apply for a product or service through our website you will be dealing directly with the provider of that product or service and not with us. We endeavour to ensure that the information on this site is current and accurate but you should confirm any information with the product or service provider and read the information they can provide. If you are unsure you should get independent advice before you apply for any product or commit to any plan. (c) 2017.

3rd party images are copyright by their respective owners All other content copyright 2017 by

Health insurance for visitors to australia

Health insurance for visitors to australia

Important information about this website is one of Australia’s leading comparison websites. We compare from a wide set of major banks, insurers and product issuers. has access to track details from the product issuers listed on our sites. Although we provide information on the products offered by a wide range of issuers, we don’t cover every available product. You should consider whether the products featured on our site are appropriate for your needs and seek independent advice if you have any questions.

The identification of a group of products, as ‘Top’ or ‘Best’ is a reflection of user preferences based on current website data. On a regular basis, analytics drive the creation of a list of popular products. Where these products are grouped, they appear in no particular order.

Where our site links to particular products or displays ‘Go to site’ buttons, we may receive a commission, referral fee or payment.

We try to take an open and transparent approach and provide a broad based comparison service. However, you should be aware that while we are an independently owned service, our comparison service does not include all providers or all products available in the market.

Some product issuers may provide products or offer services through multiple brands, associated companies or different labelling arrangements. This can make it difficult for consumers to compare alternatives or identify the companies behind the products. However, we aim to provide information to enable consumers to understand these issues.

Providing or obtaining an estimated insurance quote through us does not guarantee you can get the insurance. Acceptance by insurance companies is based on things like occupation, health and lifestyle. By providing you with the ability to apply for a credit card or loan we are not guaranteeing that your application will be approved. Your application for credit products is subject to the Provider’s terms and conditions as well as their application and lending criteria.

Please read our website terms of use for more information about our services and our approach to privacy.

Written by admin

Leave a Reply

Your email address will not be published. Required fields are marked *