St.LukesHealth has introduced a new Dependant Extension option, on selected hospital and package products for parents with children turning 23, who are no longer students. This allows non-student child dependants to remain on their parent’s policy until their 25th birthday for an additional premium - so long as they are not married or living in a de-facto relationship.
We have recognised a need of parents who want to protect their children that are not completing full time study. It is important for young adults to stay covered, so they can continue to have immediate access to private hospital treatment and not have to re-serve waiting periods, allowing them to be protected longer.
If you do not extend cover for your non-student child dependants they may not be able to immediately access private hospital treatment, with a doctor of their choice. Where extras cover lapses, your non-student child dependant may also have to serve a 12-month waiting period for claims like major dental, or a six-month waiting period before claiming for glasses or contact lenses.
So how can you make sure your family member stays covered and avoids waiting periods? You have 30 days from your non-student child dependant’s 23rd birthday to extend your cover to a Dependant Extension option. During this period, they will not be penalised with waiting periods.
To qualify for the Dependant Extension, you must hold one of the following levels of cover:
Don’t forget, single full time student dependants can remain covered until their 25th birthday, providing they are studying full-time, not married or living in a de-facto relationship.
It is also important to note that if your child is moving interstate for work or study, we have them covered with contracted hospitals Australia-wide. We look forward to continuing to serve you and your family.