NIB will waive health insurance premiums for members who have been impacted by the drought, the company will announce on Friday.
Members who are receiving the federal government’s Farm Household Allowance and who live in a drought-declared area will be eligible to have the cost of their health insurance premiums waived for six months.
Members who have had to cancel or downgrade their private health insurance since June 1 this year due to the financial impact of the drought will also be eligible.
NIB managing director Mark Fitzgibbon said it was “vitally important” for farmers to maintain health cover during testing times.
“It means eligible farmers who are NIB members will effectively get free health insurance for them and their families for six months,” Mr Fitzgibbon said.
“Hopefully, this will help see them through until things improve and also that there is some trickle-down effect for their local communities.
“Our support also reflects our recognition that the sustainability of our business and that of any other, relies upon having sustainable communities.”
The assistance will be available from September 1 to December 31.
NIB said it will contact eligible members directly to advise them of the assistance and how to apply.
Members can also contact NIB by phone, in person or online at nib.com.au/droughtrelief or by email to discuss their options.
The government recently announced changes to the Farm Household Allowance, which will give eligible farmers two lump sum payments, worth $12,000 for couples and $7200 for single farming households, on September 1 and March 1.
This will be on top of the $16,000 in annual assistance already available. Many say this is not enough.
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