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Private Health Insurance Rebate News

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.

26/06/2017 - 4:36pm

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.

24/05/2017 - 2:19pm

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. 

20/02/2017 - 11:39am

As of April 1 this year, health insurance premiums will increase across the industry, and government rebates on private health insurance will decrease. A Department of Health (DoH) media release from February 10 states that the average premium increase for 2017 will be 4.84 per cent - the previous lowest since 2010 was 5.06 per cent.

13/02/2017 - 9:24am

If you have used your private health insurance (PHI), you'll understand how valuable it is. In fact, CEO of Private Healthcare Australia Dr Rachel David states that 84 per cent of people with PHI want to keep it, even though the average income of someone with a policy is under $50,000.

27/06/2016 - 11:02am

The Federal Budget for 2016/2017 has been wrapped up already, but the forthcoming federal election promises to put a stone in the shoe of those who think more changes aren't coming. Elections are full of different promises and policies, and if you are concerned for the future costs and efficiency of your health insurance, it's worth while to take a look at what the result could mean for your finances and health. 

23/06/2016 - 1:55pm

The Federal Budget is one of the most significant dates of not only the political calendar, but the financial one too. Every industry waits with bated breath to see if this is the year they see that much-needed funding boost, or if cuts will put a further strain on resources.

08/03/2016 - 9:03am

As April 1 approaches, health insurance policyholders will be preparing for increases to their premiums. Health funds put up their rates annually, and for the past few years, this magic number has been 6 per cent.

08/01/2016 - 3:39pm

On December 13, 2015, the Daily Telegraph broke with news that the private health insurance rebate may be scrapped in favour of a new model. Based on what the newspaper called "leaked" papers from the Council of Australian Governments (COAG), a change in the rebate will no doubt have caused concern among private health insurance policyholders.

03/08/2015 - 11:52am

The cost of health insurance is generally considered the factor that separates the 50/50 split of Australians with and without policies.

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