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), 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 after September 1 2021, 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 in the fourth month, noting the minimum direct debit period is fortnightly. Points may not be allocated where the policy is cancelled or refunded, or where payments are in arrears. Velocity membership, Points earn and redemption are subject to the Velocity member Terms and Conditions, as amended from time to time.
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 – see table of rewards points offered for different levels of weekly premiums at medibank.com.au/velocity.
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 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 more information please visit here.
#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
^Velocity redemption fares:
The quoted redemption fares are correct as at 24 May 2021 and are subject to change. Fares are subject to availability and seats are limited and may not be available at peak times or on all flights. Price is based on a one way economy Reward Seat fare and must be booked via the Velocity website. Taxes, fees and carrier charges are payable in addition to Velocity Points redeemed and are not eligible for Points earn. A Virgin Australia carrier charge is payable per sector, per person. View more information here. Price may vary until ticketed. All payments made by debit/credit card are subject to a payment surcharge. Add $40 or 5,200 Points for bookings made by phone. A checked baggage allowance is included in your fare, view Reward Seat Baggage Allowances for details. Name changes are not permitted. Other changes, refunds and cancellation are permitted prior to travel and may incur a fee and any applicable fare difference. You may also be entitled to a refund under Australian Consumer Law in certain circumstances. View the Velocity Reward Seat fare rules for more information. Some flights may be operated by a partner airline. Full terms and conditions are at velocityfrequentflyer.com.