Sydney, 23 September 2016 –  HCF, Australia’s leading not-for-profit health fund, has been awarded with highest national honour in the annual CANSTAR awards for outstanding value health insurance.

CANSTAR’s 2016 Health Insurance Star Ratings – the largest ever undertaken by CANSTAR in health insurance – assessed the price and features of 628 health insurance products from 24 insurers and recognised HCF as providing outstanding value to consumers to Australia-wide.

HCF Extras cover also achieved Outstanding Value awards in specific states and segments – including New South Wales, South Australia, Western Australia and Tasmania.

HCF’s Extras cover, in particular the ‘Silver Plus’ product, achieved a highly impressive five stars for Outstanding Value across the board – that's 91/91 profiles assessed by CANSTAR. HCF also achieved wide 5 star value across both Hospital-only and Package (Hospital + Extras) cover.

HCF Managing Director, Shaun Larkin, said of the recognition: “We’re pleased to be recognised by CANSTAR as delivering outstanding value in health insurance across Australia. This reflects positively on our ‘mutual ethos’ and that we are exist solely for the benefit our members. Being recognised for outstanding value in health insurance also points directly at our Purpose – to make health care affordable, understandable, high quality and customer-centric.”

“The recognition of our Extras products in particular demonstrates our commitment to offering a range of services which provide value for members.”

An example of HCF’s demonstrated value in Extras products (Bronze Plus, Silver Plus, Gold and Platinum) is the HCF More for Teeth dental program, launched in 2012, which offers members an annual free examination, scale, clean and fluoride treatment as well as an x-ray and mouth guard. The program is superior to other offerings in the market and is available at over 10,300 dentists across Australia.

“We are proud of our More for Teeth dental program and the great oral health benefits it delivers to our members. Our Mission at HCF is to be a true partner in people’s health. It’s important Australians have a clear understanding of the value of each policy in order to make an informed choice about their cover and ultimately look after their health for the long term.”

The 2016 CANSTAR award is the seventh award for HCF for outstanding value health insurance.