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Health Funds and Industry News

07/03/2014 - 2:30pm

When you're considering taking out a private hospital insurance policy to cover your future medical needs, you need to be aware of the restrictions and waiting periods that can affect your ability to make a claim.

In particular, if you are planning to use your health insurance to cover treatment for an illness or injury sustained before taking out the cover, you will have to comply with the 'pre-existing condition' waiting period.

28/02/2014 - 3:20pm

There is a wealth of health insurance providers in Australia, with each insurer offering a unique range of policies and benefits. Choosing which fund and policy to choose can be a complex and difficult decision.

26/02/2014 - 9:30pm

As Medicare faces an uncertain future and many people turn to private health insurance to cover any forthcoming gaps in cover, Australia's public and private health systems have come under the spotlight.

Medicare

13/02/2014 - 8:16am

Many Australians fall into the trap of believing once they have taken out a suitable health insurance policy, they have fulfilled their long-term healthcare requirements.

13/02/2014 - 8:15am

Approximately one third of Australians are lacking some knowledge about the use of private health insurance and more than a quarter are completely unaware of the Medicare rebate, according to a recent survey commissioned by comparison organisation Comparethemarket.

11/02/2014 - 7:42am

If you have considered purchasing health insurance online, you are not alone.

More Australians are using the Internet to buy private health insurance, although the telephone is still the most popular method of purchase, according to Roy Morgan Research.

24/01/2014 - 3:51pm

When you're trying to decide which health insurance policy is best for your needs, it may help you to understand the insurance industry as a whole.

While the complex technical workings of insurance companies can be confusing for those of us on the outside, insurance is a simple concept to explain.

The term 'insurance' is used to explain products offered to consumers to mitigate risk and provide financial compensation in the event of adverse, unforeseen circumstances.

23/01/2014 - 3:44pm

On April 1, 2014, annual health insurance premiums will rise by an average of 6.2 per cent, which could put Australian households hundreds of dollars out of pocket this year.

The Australian government approved the increase on December 23, 2013, which will see individual private health insurance funds increase their premiums 3 per cent upwards.

13/01/2014 - 12:37am

Government-owned health insurance provider Medibank Private has teamed up with the Independent Practitioner Network (IPN) to offer benefits to cover the expense of visiting a primary care provider or general practitioner (GP).

Currently being trialed in six areas around Queensland, the new program is about supporting access to GPs as primary care providers and reducing the pressure on public health systems across Australia.

07/01/2014 - 3:13pm

On December 23, the government announced it's approved of 2014 premium increases for Australian health insurance funds.

This is the earliest release of the approved increases for many years, which should please health funds across the country.

In the past, private health funds have felt frustrated with unnecessary over-regulation of the approval process. Previously, government procedures and deliberations created months of delays.

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