Will my health insurance cover the cost of a vaccine once it’s developed?
If your Extras cover includes Pharmaceutical Prescriptions, Suncorp Health Insurance will pay benefits towards the cost medicines prescribed by a licensed medical practitioner. They must be dispensed by either a doctor, pharmacy or licensed Chemist registered with Suncorp Health Insurance in order to be eligible.
Suncorp Health Insurance will pay a Pharmaceutical Prescriptions benefit when the medicine is:
- listed on the Australian Register of Therapeutic Goods (ARTG);
- listed with the Poisons Standard; and as 4 or 8
- not subsidised or claimable through the Schedule of Pharmaceutical Benefits.
If the vaccine meets these criteria, then Suncorp Health Insurance will cover the vaccine under Extras cover that includes the Pharmaceutical Prescriptions benefit.