VSPRY is a smart alternative to health fund extras policies. Instead of paying huge premiums, and then having to pay out-of-pocket costs when you visit a dentist, physio, chiro or optometrist; use your VSPRY Health Stash account and only pay for what you use. Plus, you get to spend on healthcare you want!
Deposit into your Health Stash account and watch your balance grow.
Use our app to access your Health Stash account, and pay a practitioner.
Be rewarded by your practitioner for investing in your health.
It's your health, and your money. Build your stash, and be very spry.
It's easy to get started ...
No download required. It works on your mobile, tablet, laptop or desktop.
It’s just like a savings account, but designed for healthcare. Sign up, verify your identity, and you’re good to go.
Add funds, setup a regular deposit schedule, and take control of your healthy future, because it belongs to you. Very spry.
All deposits made to your Health Stash account remain yours. You don't need to worry about rushing off to Specsavers at the end of the year to get that 2 for 1 deal on glasses, that you actually don't need. You get to determine where you can spend your money. Paying into traditional health insurance is like renting a house that you'll never own. Health Stash is about building an asset for you, one that you feel proud of because it belongs to you.
— spend at traditional healthcare providers like doctors, dentists, and physio’s.
— spend at wellness specialists like naturopaths, yoga classes and gyms.
— spend at petcare providers like veterinarians, animal hospitals, and puppy schools.
If a practitioner is on our platform, you can pay using our app. No cards to carry or PIN numbers to remember. You can also upload a receipt and obtain reimbursement if you pay by another method.
ONLY PAY FOR WHAT YOU USE
Just to be really clear, a Health Stash is not insurance. You can’t spend more than you have saved, unless you add optional Hospital Cover. You can sleep comfortably knowing that you are not buying health services you will never use, and you are not funding the healthcare of the wealthy. There are no long-term contracts, and you can withdraw your Health Stash with 30 days notice if you need your money back, with no fees or penalties.
VSPRY is all about helping you to save for your future health and wellness needs. But it can sometimes make sense to buy Hospital Cover, to reduce tax, or to provide a safety net. VSPRY has a Distribution Agreement with nib health funds limited. If you purchase a Hospital Cover policy, all servicing, claims and customer support is provided to you by nib.
If you earn over $90 000 per year as a single, or over $180 000 per year as a family, the cost of a premium can often be less than the tax surcharge you would otherwise pay.
The public health system is pretty good, but there can be wait lists for elective procedures. Hospital cover can help you get your elective procedure completed more quickly.
Choose your level of cover, and avoid paying for services you can get done in a public hospital, or simply will never need.
All funds are invested into a cash management facility with one or more Australian banks.
Yes. You can open 1 account, and then nominate family members to use your Health Stash account for health, wellness and veterinarian services.
Login to your account and select “Add Funds”. Once you have completed the request, we will initiate a direct debit from your nominated bank account.
Traditional healthcare providers like doctors, dentists, and physio’s. Wellness specialists like naturopaths and yoga classes. Petcare providers like veterinarians, animal hospitals, and puppy schools.
Let’s assume you have $1 000 in your Health Stash account, and you visit the dentist and need $1 400 worth of treatment. Subject to approval, we will allow you to defer the $400 and repay it over a small number of equal fortnightly or monthly instalments, interest and fee free!