AIA health insurance (formerly myOwn) review | CHOICE

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AIA health insurance (formerly myOwn) review | CHOICE

On this page:

  • How good is AIA’s gap cover?
  • How many hospital agreements does AIA have in my state?
  • Does AIA offer any discounts?
  • Does AIA offer ambulance cover?
  • Does AIA offer family policies that cover adult children?
  • Does AIA let you claim online or in-app?

AIA summary

AIA health insurance (formerly myOwn) review | CHOICEAIA health insurance (formerly MyOwn) was established in 2017 as a joint venture between life insurer AIA Australia, health fund GMHBA and financial services provider Discovery. In 2020, MyOwn closed to new customers and AIA health insurance was launched. 

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Phone: 

AIA Website: aia.com.au,

MyOwn Website: myown.com.au



How good is AIA’s gap cover?

A medical gap is the difference between Medicare’s recommended fee and what your doctor actually charges for a treatment or service.

Health funds have agreements with particular doctors and hospitals to cover all of the gap, which are called ‘no gap agreements’, or part of that gap, which are called ‘known gap agreements’ (these will have lower out-of-pocket costs, usually less than $500).

Our graphic below displays the CHOICE gap rating, which takes into account the percentage of services where members either paid no gap or a known gap, compared to the state average.

Rating scale

  • Well above average
  • Above average
  • Average
  • Below average
  • Well below average

AIA Health gap cover rating by state

Australian Capital Territory

Average

New South Wales

Below average

Northern Territory

Well below average

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Queensland

Average

South Australia

Below average

Tasmania

Well below average

Victoria

Average

Western Australia

Below average

How many hospital agreements does AIA have in my state?

The benefit amount your fund pays you for hospital services depends not only on the type of cover you buy, but also whether your fund has an agreement with the hospital where you’re treated. 

The table below shows how many hospital agreements myOwn has in your state compared to the fund with the highest number (the industry maximum). Note that public hospitals don’t have agreements with specific funds and are generally treated as though they’re agreement hospitals.

AIA Health has

ACT

6 private hospital agreements out of an industry maximum of 6

7 day hospital agreements out of an industry maximum of 9

NSW

89 private hospital agreements out of an industry maximum of 95

87 day hospital agreements out of an industry maximum of 109

NT

2 private hospital agreements out of an industry maximum of 2

1 day hospital agreements out of an industry maximum of 1

Qld

51 private hospital agreements out of an industry maximum of 57

45 day hospital agreements out of an industry maximum of 61

SA

26 private hospital agreements out of an industry maximum of 28

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24 day hospital agreements out of an industry maximum of 33

Tas

8 private hospital agreements out of an industry maximum of 8

3 day hospital agreements out of an industry maximum of 8

Vic

74 private hospital agreements out of an industry maximum of 77

69 day hospital agreements out of an industry maximum of 83

WA

19 private hospital agreements out of an industry maximum of 23

21 day hospital agreements out of an industry maximum of 25

Does AIA offer any discounts?

MyOwn has a rewards program that offers up to 5% off premiums.

Youth discounts: None.



Does AIA offer ambulance cover?

All hospital and combined policies cover emergency ambulance in all states.

Depending on where you live, you may not need a policy with ambulance cover. 

  • Queensland and Tasmania: Emergency ambulance services are covered by the state government. 
  • NSW and ACT: All hospital policies come with emergency ambulance cover – so you’ll be covered with any hospital or combined policy you select. 
  • South Australia, Victoria and NT: You can buy emergency ambulance cover directly from the ambulance service. Alternatively, some health fund policies will cover ambulance in your state or territory or refund at least part of the cost of the ambulance service cover. 
  • Rural WA: You can buy emergency ambulance cover directly from the ambulance service. Alternatively, some health fund policies will cover ambulance or refund at least part of the cost of the ambulance service cover. 
  • Metropolitan WA: If you want to be covered for ambulance you need to buy a health insurance policy with ambulance cover.

Does AIA offer family policies that cover adult children?

Yes, adult children are covered up to age 25 if in full-time study.



Does AIA let you claim online or in-app?

Online claiming via membership portal.

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