80% Benefit
An 80-20 split.
That’s what 80% Benefit gets you.
Frank will pay 80% of what your treatment costs. You’ll have to pay the other 20%.
An example
You get your back cracked at the chiropractor. They charge you $40. Frank gives you $32 towards the cost. You pay the other $8.
Want to know more? See Product Detail for all the particulars.
An 80-20 split.
That’s what 80% Benefit gets you.
Frank will pay 80% of what your treatment costs. You’ll have to pay the other 20%.
An example
You get prescription glasses. Your optometrist charges you $200. Frank gives you $160 towards the cost. You pay the other $40.
The 80% difference
If you choose 80%, your Frank premium will be more expensive than if you choose 50%.
When will Frank refund me?
Most of the time, Frank’s refund will happen on the spot. Your provider will swipe your Frank card, and you’ll only have to pay your 20%.
If your provider doesn’t have the necessary card swiping system, you’ll have to pay the bill in full. Once you lodge your claim for that treatment, Frank will refund 80% of the cost into your bank account.
See Product Summary for the basics.