nib health funds limited - Notification - N95586

Applicant(s)

  • nib Health Funds Ltd

Notification number(s)

  • N95586

Summary

nib health funds limited (nib) proposes to allow eligible customers* to purchase particular budget priced contact lenses and claim available per person benefits despite any sub-limits which would otherwise apply** on condition the customer acquires these lenses from nib branded eye care centres (which are owned and operated by Pacific Optical Pty Ltd).

*the customer must have a health insurance policy with available annual optical benefit limits.

**for example, if an eligible customer would ordinarily be able to claim 50% of the cost of contact lenses up to an annual limit of $200, nib will permit them to claim 100% of the cost up to their annual limit.

Notifications

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ACCC correspondence

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