
Millions of Australians have the opportunity to reclaim unused health insurance benefits before they expire in the New Year.
Policyholders could lose out on $1,000 or more in unused benefits, including around $1,750 in additional entitlements, if not claimed by 31st of December.
A study by comparison website iSelect revealed that 86% of Australians fail to utilize all their health insurance benefits.
Health insurers such as AIA, Australian Unity, Bupa, GMHBA, HCF, and others have informed their customers about the year-end deadline for claiming benefits.
Policyholders with extras or combined extras and hospital cover are urged to book dental, physiotherapy, or other eligible services before the cutoff date.
Unclaimed benefits will be forfeited after December 31, making this a critical time for Australians to take advantage of their health insurance policies.