When we're young we're kept occupied by university, career, relationships and everything else involved with the transition into adult life. Understandably, private health insurance in Australia often isn't a blip on our radars - but it should be.
It's a phrase thrown around so often that it loses meaning, but it's also an essential factor of any business's success. A recent OKI study found that 78 per cent of businesses intend to implement new initiatives to improve cost efficiency in the next year. Are you looking to do the same? How can you get started?
Articles, opinion pieces and statistics about Australia's brain drain flood the internet and intermittently appear on back covers of our nations most respected newspapers. It's certainly a topic of hot contention, but is it a real concern for Australian businesses?
Countless Australians don't concern themselves with private health insurance until they wish they had it. That may be because most believe that Medicare and the public system covers them for ambulance and emergency services as well as specialist care, according to a recent Pureprofile study.
If your business is sending employees overseas to work for extended periods, expatriate health insurance is absolutely essential. What are the risks of not being insured? And what does expatriate health insurance look like?
There's no doubt health insurance premiums are a necessary cost for millions of Australians. In fact, a total of 13.5 million people have health insurance in our country, according to the most recent statistics provided by the Australian Prudential Regulation Authority (APRA).
That's why it's such exciting news that a new initiative by the Government could put downward pressure on premium increases in 2017 and beyond. We've had a closer look.
The way we work and live is quickly changing. We spend more and more time sitting still, staring at computer screens at work or televisions at home, and unsurprisingly our workforce's physical and mental health is declining as a result.
Those with private health insurance are being bumped up elective surgery lists in public hospitals, ahead of publicly funded patients, a new report from the Australian Institute of Health and Welfare (AIHW) shows.
The report also details a number of trends that suggest having a private health insurance policy means better, quicker healthcare - even in public facilities. What does this mean for the average Australian?
Wise men say that the most important thing you have in life is your health. That's why it's so shocking that Australian Prudential Regulation Authority data shows only 47 per cent of Australians have health insurance policies that cover general hospital treatment.
Healthcare affordability should be near the top of any government's priorities. Yet for so long federal budgets haven't focused enough on health insurance and other essentials that bring the cost of care down for everyday Australians.
