What does Minimum Benefits Payable (MBP) mean?
Minimum Benefits Payable (MBP) is the minimum amount of benefits we are required to pay under the Private Health Insurance Act. It’s paid to, or on behalf of, a customer for hospital treatment under Hospital Cover. That means if you’re getting treated in a Private Hospital for these services, you may face significant out-of-pocket- costs. If a treatment that’s important to you is listed as MBP, you may want to consider a higher level of cover.