Private health premiums to increase | Sky News Australia

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A series of health insurance changes come into effect on Monday for Australians with private health coverage, including an annual premium increase, a decrease in medicare rebates and possible discounts for young people.

A series of health insurance changes come into effect on Monday for Australians with private health coverage.

Included in the changes is an annual premium increase, a decrease in medicare rebates and possible discounts for young people. Private insurance premiums will increase by an average of 3.25 per cent this year, which is the lowest increase in coverage rates since 2001.

 

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It basically means more cost for less coverage.

'how dare you take responsibility for your health?! Only the state can take care of you. All hail the state'

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Private health insurance changes on Monday. This is what you need to knowHigher premiums, fewer extras and a simplified structure: everything you need to know about changes to private health insurance. Personally, I think the Lifetime Cover Loading should be abolished or at least have an amnesty to entice older Australians back into Private Health Insurance. There is no enticement or incentive for them at all. What about those who have already paid the premium for the next year? TBH only thing we use are dental cover for us and buying fancy designer sunglasses. Sometime I wonder whether it'd be cheaper to get them out of pocket rather than paying the private health insurance... :p
Source: abcnews - 🏆 5. / 83 Read more »

Health insurance premiums see lowest annual increase since 2001 | Sky News AustraliaPrivate health insurance premiums will increase by an average of 3.25 per cent from Monday in what marks the lowest rise in coverage rates since 2001.\n\nA series of changes will come into effect as part of the annual April 1 shift, including a decrease in Medicare rebates and possible discounts for young people.\n\nThe changes will also include four new tiers of hospital cover rolled based on new minimum standards.\n\n\nImage: News Corp Austarlia\n\n\n\n\n\n jaynieseal Good try 🥊 HCF 4.25%, but how do you not have it. Our Public system no bloody good, 2yr wait, unless you're close to death. 8 hr wait in Ambo, ramping created by Labour. No thanks. I'll pay, and cutout other stuff.
Source: SkyNewsAust - 🏆 7. / 78 Read more »