This is an HTML version of an attachment to the Freedom of Information request 'Correspondence between HBF and the Department'.







Document 3
From:
PHI
To:
ANDERSON, Leonie
Subject:
FW: HBF 2018 Premium Round Application [SEC=UNCLASSIFIED]
Attachments:
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HBF 2018 Rate Change Resubmission - Cover Letter - Final.docx
HBF 2018 Rate Change Resubmission - Final.docx
180112 REP HBF 2018 Prem Round resubmission - Final.pdf
Template A,B & C Resubmission.xlsx
This is the second.
Pierre Nijssen
Director
Strategic Operations and Compliance Section
Private Health Insurance and Pharmacy Branch
Technology Assessment and Access Division
Department of Health
T: 02 6289 1508 M: 0421 132 312
PO Box 9848, Canberra ACT 2601
From: Bobby Patel [mailto:[email address]] 
Sent: Friday, 12 January 2018 7:30 PM
To: [email address]; PHI; CAROLY, Alex
Subject: RE: HBF 2018 Premium Round Application [SEC=No Protective Marking]
Dear Natasha, Alex & Pierre,
Please see attached, HBF’s adjustment to our premium change request under a complying health
insurance product, as part of the 2018 premium change round.
Attached to this email are:
1. Resubmission Cover letter
2. Resubmission Document outlining our detailed justification for the change
3. Resubmission Actuarial Opinion
4. Resubmission Templates A, B and C
This document has been released  
Please contact me directly should you have any queries.
Kind Regards,
by the Department of Health
Bobby
under the Freedom of Informaion Act 1982 
Bobby Patel
Head of Data Analytics
[email address]
(08) 9265 6128
HBF Health Limited
570 Wellington Street
Perth WA 6000
Keep in touch
W hbf.com.au
FOI 235-1718
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This document has been released  
by the Department of Health
under the Freedom of Informaion Act 1982 
FOI 235-1718
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Pharmacy and Insurance Branch 
Technology Assessment and Access Division 
Department of Health 
GPO Box 9848 
Canberra ACT 2601 
(02) 6289 1555
15 January 2018 
Dear Ms Julianne Quaine 
RE: Adjustment to premium change request charged under a complying health insurance product 
On the 10th of November 2017, HBF applied for a 3.90% rate protected increase for the 2018 premium 
round. Our submission noted the premium increase as required by HBF to meet the increased cost of 
benefits and ensure HBF achieves a positive operating result1. 
On the 4th of December 2017, HBF received notification from the Minister for Health to review and re-
submit our application to ensure that it is the lowest possible increase, and in the public interest.  
HBF is a not-for-profit private health insurer that focusses on maximising benefits for its members 
whilst being absolutely committed to keeping premiums as low as possible.  The HBF Board met on 
the 12th December 2017 to review the resubmission request.  The Board have taken the decision to 
further reduce the premium rate increase of 3.9% to 3.75% (rate protected).  This improvement has 
been offered in acknowledgement of the recent government reforms and HBF’s financial performance 
in 1H 2018 which has improved partly due to operational efficiency initiatives and stronger investment 
income. 
This document has been released  
Our detailed supporting documentation for the change is attached to this co
by the Department of Health rrespondence. 
If you have any queries or if you require any further information, please contact Bobby Patel on (08) 
under the Freedom of Informaion Act 1982 
9265 6128 or 0404 023 010. 
Yours faithfully, 
John van Der Wielen 
Managing Director 
HBF Health Limited 
1 Operating Result – Margin inclusive of Health Related Business, but excluding investment income 
Commercial in Confidence 

FOI 235-1718
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