Railway and Transport Health Fund Limited (RTE)

Health fund for transport and electricity people.
rt health fund was the first registered health fund within Australia. Established 1889. Our mission statement is: To give contributors and their dependants the best possible health insurance service by providing them with a comprehensive cover at a competitive price. .
This information is provided by the fund

Railway and Transport Health Fund Limited provide further information regarding Gap cover doctors, Agreement hospitals and Ambulance cover information .

Agreement Hospitals

This fund has agreements with some private hospitals or day surgeries to provide services at low or no out-of-pocket costs. You can view Agreement Hospitals for this fund in your region and further details are available from the fund.

Business Structure

This insurer is a mutual organisation that operates on a not-for-profit basis.

Railway and Transport Health Fund Limited operates in all states and territories.

Membership restrictions

A) Government and privately owned land, sea and air transport companies and associated government entities charged with administering the industry. B) Government and privately operated electricity generation and delivery entities. C) A contract company where those employees or former employees were employed by the contract company to provide services to the above organisations. D) The dependents and all relatives of any eligible persons as set out above.

Performance

The Private Health Insurance Ombudsman prepares an annual report on the service delivery and performance of Australian health funds. The following is a selection of statistics about this health fund - the full report and an explanation of these figures is available from the Ombudsman's website. Please note information is not provided for some funds in some states, as there are insufficient numbers reported to APRA for states in which the fund does not have a large membership.

Performance Fund Industry
Benefits as a % of contributions 84.6% 87.1%
Management expenses (% cont) 12.2% 8.5%
Management expenses (average policy) $512 $276
Surplus 3.3% 4.4%
Member retention (%) 89% 84.8%
Coverage ACT NSW VIC QLD SA WA TAS NT
Hospital Related Charges Covered 86.3% 93.5% 95.5% 93.2% 96.1% 88.1% 97.2% 89.9%
Industry Result 82.4% 89.9% 93.0% 90.7% 95.1% 93.7% 93.8% 88.4%
Medical Services with No Gaps 78.5% 91.7% 95.0% 91.8% 94.0% 87.6% 92.4% 86.2%
Industry Result 77.6% 89.6% 89.5% 86.9% 90.8% 83.4% 89.3% 77.5%
Medical Services with No or Known Gaps 91.1% 95.2% 98.5% 95.8% 99.3% 93.6% 98.0% 94.4%
Industry Result 84.8% 91.7% 94.0% 90.2% 95.9% 94.2% 94.1% 87.9%
General Treatment (extras) Covered 46.7% 52.5% 49.4% 49.8% 52.5% 48.7% 47.9% 42.2%
Industry Result 47.5% 51.2% 52.5% 54.4% 56.1% 56.1% 53.5% 56.3%
Private Hospital Agreements 5 83 74 48 28 17 5 1
Industry Maximum 6 97 78 53 29 21 6 2
Day Hospital Agreements 7 79 64 40 22 19 3 1
Industry Maximum 9 91 73 47 25 24 7 1
Share of PHIO complaints Compared to fund's market share
Benefit Complaints - <0.5%
Service Complaints -
All Complaints 0.2%
Investigations 0.7%
Address
1 Buckingham Street
Surry Hills
NSW  2010


Phone: 1300 886 123
Email: help@rthealthfund.com.au
Website: http://www.rthealthfund.com.au
Branches: http://www.rthealthfund.com.au/TextPage.aspx?PageID=27

To view a list of Railway and Transport Health Fund Limited products, please complete the following:

Policies

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