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News
Health rebates are changing for the over‑65s. Here's what to expect
7+ hour, 57+ min ago (813+ words) Since the federal government announced earlier this year it would scrap the higher private health insurance rebate for people aged 65 and over, opponents have come out in force. Private Healthcare Australia, the insurers’ peak body, says the government’s own modelling…...
Private health premiums are rising, but is the system working?
3+ mon, 4+ week ago (767+ words) Private health insurance premiums rose by 4.4 per cent on April 1 – faster than inflation, and at a time when many households are already under pressure. This increase directly mirrors the 4.4 per cent rise in the “medical hospital services” CPI-category reported by…...
Insurer Budget Direct in legal strife over online discounts
5+ mon, 6+ day ago (295+ words) Tens of thousands of Budget Direct customers lost promised insurance discounts worth a total of $3.3 million in savings, the corporate regulator claims. ASIC has launched legal action against Auto & General Services Pty Ltd, the insurer managing Budget Direct products, after…...
Health insurance set for biggest rise in nine years
5+ mon, 2+ week ago (247+ words) Private health insurance customers are set to fork out more on their policies after the latest premium increase was locked in. Health Minister Mark Butler said premiums would rise by 4.41 per cent from April 1, up from a 3.73 per cent increase…...