News
Insurers warn Labor of private health exodus under funding shake-up
6+ hour, 12+ min ago (91+ words) Insurers warn Labor of private health exodus under funding shake-up'AFR Health insurers are warning of an exodus from private cover under a Labor plan to change the way private hospitals are funded, which they say will make premiums unaffordable for…...
Expanded unfair contracts legal regime requires specialist insurance advice
1+ mon, 2+ week ago (730+ words) The expansion of Australia's unfair contracts regime means it's more important than ever for businesses to call on expert insurance advice when entering into contracts with third parties. This is something global toy distributor company Hunter Products found out when…...
Healthscope offloads troubled hospital as lenders pressure landlords
2+ mon, 3+ week ago (208+ words) The NSW government will pay $190 million to take back the Northern Beaches Hospital, as the company enters the final stage of a search for a new owner. Gift 5 articles to anyone you choose each month when you subscribe. Healthscope's lenders…...
‘Wicked problem’: Finding solutions for the looming insurance crisis
3+ mon, 1+ day ago (206+ words) The UK's Flood Re scheme, which helped four-out-of-five homes with previous flood claims reduce the cost of premiums by more than 50 per cent, is on the radar." Gift 5 articles to anyone you choose each month when you subscribe. Financial Services…...
Pfizer secures three-year Trump tariff reprieve
3+ mon, 1+ week ago (208+ words) The US company will sell some drugs at a 50 per cent average discount on a direct-to-consumer website called TrumpRx, apparently resolving two major threats. Gift 5 articles to anyone you choose each month when you subscribe. Washington | Pfizer chief executive officer…...
The quiet doctor who built a $16b global empire
3+ mon, 2+ week ago (180+ words) Sonic Healthcare's Colin Goldschmidt will not go down as an Aussie business legend " he just wasn't that kind of CEO. But in 32 years he grew assets 940 times and revenue 300 times. Gift 5 articles to anyone you choose each month when you…...
Unions push back on Healthscope’s ‘unfair’ salary plan
3+ mon, 2+ week ago (221+ words) Chief executive Tino La Spina says a "considerable number" of the group's 37 hospitals have had zero buyer interest. Gift 5 articles to anyone you choose each month when you subscribe. Healthscope chief executive Tino La Spina is urging unions to drop…...
Why the rich would rather pay higher tax than for health insurance
4+ mon, 4+ week ago (220+ words) Almost 600,000 high-income Australians are paying the Medicare levy surcharge rather than insurance for private hospital cover as a trend of "conscientious objectors" grows. Gift 5 articles to anyone you choose each month when you subscribe. The number of high-income Australians paying…...
A GST on health insurance would be the tipping point for members
5+ mon, 2+ week ago (201+ words) A 10 per cent increase in premiums would be a self-defeating policy that would hurt households, destabilise the health system, and increase pressure on public hospitals. Gift 5 articles to anyone you choose each month when you subscribe. As the Albanese government…...
Healthscope’s not-for-profit plan to bid for itself
5+ mon, 3+ week ago (204+ words) Healthscope's lenders are weighing up a proposal to restructure the hospital operator into a not-for-profit company which will save $100 million on payroll tax. Gift 5 articles to anyone you choose each month when you subscribe. Healthscope management is preparing to put…...