Grand United Corporate Health (FAI)

GU Health is Australia's only specialist Corporate health fund. Our vision is to provide the ultimate health insurance solution to members through quality health cover and generous rebates. We offer a range of flexible health plan options, and work with the philosophy that great health cover is just one way we can support our members in making healthy lifestyle choices.
This information is provided by the fund

Grand United Corporate Health provide further information regarding Gap cover doctors, Agreement hospitals, Preferred providers and Corporate products .

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 operates on a for-profit basis.

Grand United Corporate Health operates in all states and territories.

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 82.1% 87.1%
Management expenses (% cont) 15.1% 8.5%
Management expenses (average policy) $771 $276
Surplus 2.8% 4.4%
Member retention (%) 62.4% 84.8%
Coverage ACT NSW VIC QLD SA WA TAS NT
Hospital Related Charges Covered 83.6% 86.3% 90.4% 87.5% 89.3% 87.3% 87.0% 94.5%
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 74.0% 74.3% 74.7% 72.5% 73.2% 76.6% 75.4% 78.1%
Industry Result 47.5% 51.2% 52.5% 54.4% 56.1% 56.1% 53.5% 56.3%
Private Hospital Agreements 5 94 77 50 27 19 5 2
Industry Maximum 6 97 78 53 29 21 6 2
Day Hospital Agreements 8 86 70 41 24 23 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 0.5%
Investigations 0.7%
Address
GRAND UNITED CORPORATE HEALTHGPO BOX 32
SYDNEY
NSW  2000


Phone: 1800 249 966
Email: corporate@guhealth.com.au
Website: http://www.guhealth.com.au

To view a list of Grand United Corporate Health products, please complete the following:

Policies

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