Unlike many other major health funds, Mildura Health Fund is a not-for-profit fund, mutually owned by our members for 85 years. Our focus is exclusively on the benefits of our members, rather than returning a profit to shareholders.
We are proud that at Mildura Health we boast one of the highest member-satisfaction ratings in the health-care industry. And it's not just you, our members, who are impressed. Our five-star hospital cover recently achieved a hat-trick of recognition as the Top Value Hospital Cover for Victoria by the CANSTAR awards - that's independent recognition from Australia's top financial rating service.
Better value
Because we're not-for-profit, it means our members are our number one priority and our team is dedicated to delivering exceptional service - like finding the health cover options that best-suit your individual needs. Like tailoring health cover options to suit you and your family. We continually strive to exceed member expectations.
A generous 90.7% of every dollar of premiums is paid out to members, compared to an average of 86.9% across other health funds*. Our management costs are half the industry average - and what we save goes back to members through better benefits and lower premium costs. Our last rate increase was 3.65%, compared to the industry average of 6.2%.
*2013 PHIAC data
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