News
How to keep your seniors’ health card as deeming rates rise
1+ day, 20+ hour ago (93+ words) Generous medical benefits worth up to $3,000 can be kept by monitoring income buffers and using superannuation structures to navigate rising deeming rates. Generous medical benefits worth up to $3,000 can be kept by monitoring income buffers and using superannuation structures to…...
NDIS spends $12b on support for walks, movies, haircuts
5+ day, 2+ hour ago (99+ words) NDIS spends $12b on support for walks, movies, haircuts'AFR The National Disability Insurance Scheme spent $11.6 billion on social and community support for participants last year, including cafe visits and assistance with dog walks, driving nearly a quarter of the scheme's ballooning…...
Health insurance costs to rise 4.4pc, the biggest jump for eight years
1+ mon, 2+ day ago (234+ words) Private health insurance premiums will rise at their fastest rate in eight years after the Albanese government approved an above-inflation increase that will affect more than 14 million people from the start of April. Health Minister Mark Butler announced the 4.41 per…...
Insurance premiums could rise nationwide as IAG claims surge
1+ mon, 1+ week ago (46+ words) Insurance premiums could rise nationwide as IAG claims surge'AFR Insurance customers around the country should brace for more premium increases, after Australia's largest insurer said damaging storms in Queensland and the crime wave in Victoria had triggered a surge in…...
From buyout darling to basket case, the Healthscope bill has arrived
1+ mon, 1+ week ago (128+ words) From buyout darling to basket case, the Healthscope bill has arrived'AFR Financial engineering has capped a stunning fall from grace. But it also raises an important question: should the public purse be used to underwrite hedge funds? Healthscope has gone…...
The New Year insurance shock facing 14m Australians
2+ mon, 3+ day ago (82+ words) The New Year insurance shock facing 14m Australians'AFR The price of top private health insurance cover for a family has blown out to almost $17,000 a year as consumers brace for above-inflation premium hikes from April and consumers abandon gold-tier policies in…...
Insurers warn Labor of private health exodus under funding shake-up
2+ mon, 1+ week 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
3+ mon, 3+ 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
4+ mon, 4+ 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
5+ mon, 1+ week 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…...