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Corporate Health Insurance News

12/04/2018 - 5:01pm

According to the World Health Organisation, depression is the leading cause of disability worldwide, and in order for people who experience such mental health disorders to receive an accurate diagnosis and the right treatment, prompt access to specialists is paramount. Recent research in Australia, however, has indicated that underfunding has led to extended wait times and a shortage of highly skilled mental health practitioners.

29/03/2018 - 2:16pm

The switch from the 457 visa to the new Temporary Skill Shortage (TSS) visa (subclass 482) has now taken effect. Some key clauses when it comes to the new visa have changed, however as with the 457 visa, holders and applicants of the TSS visa are required to have adequate health insurance under condition 8501.

09/03/2018 - 8:34am

Employee turnover is expensive - more so than you'd think. In fact, a business of 50 employees can expect a turnover of roughly 10 staff per year, according to estimates from Harrison Human Resources. They also stated that the costs of hiring and retraining, as well as loss of productivity for replacing one employee could cost as much as their yearly salary. 

24/01/2018 - 3:01pm

Building an efficient corporate health insurance plan for your employees can appear challenging at first, but it doesn't have to be. You just need to know where to begin. To understand where you should get started improving your corporate health plan, you need to conduct an audit.

12/01/2018 - 9:30am

Planning for the future is never easy, but if you have the right tools in place, it can make weathering any periods of uncertainty a little smoother. Those tools, are of course, your talented employees! However, obtaining and retaining top talent is easier said than done these days. 

15/12/2017 - 8:44am

There are over 2 million businesses in Australia and over 90 per cent of these are non-employing, micro or small businesses, Treasury data shows. And these fast moving, small organisations are driven by their most valuable asset - their people. 

26/10/2017 - 2:09pm

Productivity growth in Australia averaged 1.8 per cent a year on average from 2010 to 2016, Treasury data shows. This gradual rate leaves room for business profits to stall and for the incomes of Australian workers to fall behind the cost of living. 

17/10/2017 - 11:16am

Employee health is big business all over the world. In fact, a RAND Corporation study from 2014 found that 75 per cent of US businesses had, or were intending to implement employee wellness initiatives. Such movements are rapidly gaining popularity in Australia too.

25/09/2017 - 3:36pm

Statistics on employee retention issues in Australia aren't pretty. In fact, employee turnover averages at 16 per cent every year and almost half of upper management believe that number is far too high. 

28/08/2017 - 2:21pm

Private health insurance has always been a volatile business, with consumers becoming increasingly critical of price increases that happen like clockwork every year. Since 2013 the average price of private health insurance has increased by roughly 23 per cent according to the Australian Prudential Regulation Authority, and that's having a profound effect on coverage levels.

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