Grand United Corporate Health (FAI)
GU Health specialises in corporate health insurance. We're focused solely on providing innovative health insurance products to corporates, identifying your company’s unique needs to deliver a tailored experience and expert service you can depend on.
Grand United Corporate Health provide further information regarding:
- Gap cover doctors
- Agreement hospitals
- Preferred providers
- Ambulance cover information
- Corporate products
This fund has agreements with some private hospitals or day surgeries to provide services at low or no out-of-pocket costs. You can see Agreement Hospitals for this insurer and further details are available from the insurer.
This insurer operates on a for-profit basis
Grand United Corporate Health operates in all states and territories.
Grand United Corporate Health polices are sold under a number of different brands, including:
- GU HEALTH
The Private Health Insurance Ombudsman prepares an annual report on the service delivery and performance of Australian health insurers. The following is a selection of statistics about this health insurer - the full report and an explanation of these figures is available from the Ombudsman's website. Please note information is not provided for some insurers in some states, as there are insufficient numbers reported to APRA for states in which the insurer does not have a large membership.
|Benefits as a % of contributions||78.1%||85.8%|
|Management expenses (% cont)||12.7%||8.9%|
|Management expenses (average policy)||$771||$322|
|Member retention (%)||66%||82%|
|Hospital Related Charges Covered||85.6%||86.2%||88.9%||89.4%||89.9%||88.6%||89.5%||88.1%|
|Medical Services with No Gaps||83.1%||86.6%||88.8%||89.7%||90.6%||83.4%||85.3%||96%|
|Medical Services with No or Known Gaps||92.8%||94.8%||97.5%||96.3%||98.9%||94.2%||92.5%||96%|
|General Treatment (extras) Covered||72.9%||74.3%||75.5%||73%||74.1%||76.1%||74.8%||76.2%|
|Private Hospital Agreements||6||97||76||54||25||21||8||2|
|Day Hospital Agreements||7||94||72||48||27||25||5||1|
|Share of PHIO complaints||Compared to insurer's market share|