Things you should know

*Medibank Health Insurance Velocity Points offer: This offer is available to new Medibank members on new Medibank memberships who have not held a Medibank or ahm hospital cover in the last 12 months (unless a dependent coming off parents cover) and who are Australian residents and a current member of the Velocity Frequent Flyer program (a Velocity member).

When joining, new members must join and start an eligible hospital or hospital and extras policy by 15 July 2022, quote the promo code VELOCITY, enter the Velocity member number of the policy holder joining, hold the same policy and set up and maintain direct debit for at least 90 continuous days from the policy start date in order to be credited Velocity Points and Status Credits in the fourth month, noting the minimum direct debit period is fortnightly. Points and Status Credits may not be allocated where the policy is cancelled or refunded, or where payments are in arrears. Velocity membership and Points earn and redemption and Status Credits are subject to the Velocity Member Terms and Conditions, as amended from time to time. In addition to Status Credits, Velocity members need to fly on Virgin Australia marketed flights to earn Eligible Sectors to upgrade or maintain a level of membership. Find out more about the Status Credit and Eligible Sector requirements for Velocity membership levels.

The level of Velocity Points is determined by referring to the weekly premium quoted for a policy, (before any adjustment for the Australian Government Rebate and excluding any Lifetime Health Cover loading and Youth Discount) regardless of the payment frequency selected. The following table shows the number of Points you can earn by reference to the weekly premium quoted for a policy. Use the Medibank policy quote tool to find the weekly premium quoted for your selected policy (regardless of the payment frequency you select) to identify the Points you can earn.

Eligible hospital or hospital and extras policies are all Medibank policies, excluding Corporate, Accident only, Ambulance only, Extras only, Overseas Visitors (OVC) and Overseas Student Health (OSHC) covers, Working Visa Health Insurance, Travel Insurance, Pet Insurance, Funeral Insurance, Life Insurance & Income Protection, and all ahm covers. Not available with any other Medibank offer. Health insurance is issued by Medibank Private Limited ABN 47 080 890 259, a registered private health insurer.

2&6 month waits waived on extras for new Medibank members taking up this offer: Other waiting periods apply (including 12 months on some dental services). Annual limits apply. If switching funds, limits used from your previous fund may be deducted. If you’ve reached your limits from a previous fund you may not be able to claim straight away.

#For Accidents that occur in Australia after your cover starts. Must seek medical treatment within 7 days, and receive hospital treatment within 12 months, of the Accident occurring. Excludes claims covered by third parties and our Private Room Promise. Out of pockets may apply.

~6 month waiting period applies. Some lens coatings excluded. 

+OSHC members should call the Student Health & Support Line on 1800 887 283.

>You need to join Medibank within 2 months of leaving your old fund, or waiting periods apply again. Also, benefits that have been paid under your previous cover will be taken into account in determining the extras benefits payable under your Medibank cover