Railway and Transport Health Fund Limited (RTE)
Health fund for transport and energy 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.
Railway and Transport Health Fund Limited provide further information regarding:
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 is a mutual organisation that operates on a not-for-profit basis.
Railway and Transport Health Fund Limited operates in all states and territories.
A) Government or privately operated land, sea or air transport companies and associated government entities charged with administering the land, sea or air transport industries. B) Government or privately operated energy 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. E) if you are current or former member of MOVE.
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||85.5%||88%|
|Management expenses (% cont)||16.1%||9.2%|
|Management expenses (average policy)||$746||$343|
|Member retention (%)||86%||81%|
|Hospital Related Charges Covered||83.6%||92.6%||91.6%||93.5%||95.9%||90.9%||96.3%||84.5%|
|Medical Services with No Gaps||73.8%||93.0%||90.6%||93.6%||90.6%||86.3%||93.0%||96.5%|
|Medical Services with No or Known Gaps||93.3%||98.5%||98.9%||98.8%||99.3%||97.1%||99.6%||98.3%|
|General Treatment (extras) Covered||37.7%||47.7%||43.9%||46.2%||49.4%||43.6%||41.9%||42.1%|
|Private Hospital Agreements||5||96||76||51||23||22||5||2|
|Day Hospital Agreements||8||87||69||49||28||21||4||1|
|Share of PHIO complaints compared to insurer market share|