Research agency Canstar, Australia’s biggest financial comparison site, has awarded Latrobe Health Services two Victorian Outstanding Value Health Insurance Awards for the second year running.
Latrobe Health’s range of hospital and combined hospital and extras health insurance covers took out two of the three Victorian awards in 2020 and has again been awarded Outstanding Value awards in the same categories for 2021. Get a quote
The awards are for Outstanding Value Hospital Cover and Outstanding Value Hospital and Extras cover.
Latrobe Health Services Head of Product and Innovation Hannah Vincent said the awards recognised efforts by the fund to expand its product range to meet its members needs at any stage of life and provide greater value for members.
“The pandemic has brought a lot of changes to the health insurance sector. It has raised the importance of looking after our health and having cover for when we need itwith the number of Aussies insured increasing by 3.14% last financial year,” Ms Vincent said.
“At the same time, we’ve been transforming our product offering – this has included adding bronze, bronze plus, silver and silver plus hospital products, increasing some of the benefits on our extras products and providing cover for COVID-19 related illness and extras services delivered by telehealth.”
“These changes and a real focus – as the health fund with heart - on looking after our members have contributed to our fund growing at a rate well in excess of the industry average.”
About the Awards
Three awards are presented in each state and territory for hospital cover, extras cover and combined hospital and extras cover. There are also three national awards.
Canstar analysed 2,735 hospital policies, 2,822 extras policies and 12,106 packaged hospital and extras policies available in Australia in judging the 2021 awards. The policies were assessed based on cost and features.
For price, Canstar looks at the policy premium (less any age-based discounts or government rebate applicable) plus any excess or out-of-pocket costs.
The features score looks as what’s covered and takes into account a range of needs.
Read more about this year’s awards here.
Great coverage for your health needs
Latrobe Health’s range of hospital, extras and combined covers offer pricing options and features to suit your budget and your health needs, whatever they may be.