Australians Pay More, Get Less: Private Health Insurance Crisis
Update: 2025-12-05
Description
Australian Medical Associations report reveals a troubling trend: private health insurance premiums have surged faster than inflation, wages, and Medicare Benefits Schedule indexation since 2008, leading to a significant increase of over 100%. Despite this, insurers have only raised payments for in-hospital medical treatment by 18.1% over six years, while profits have skyrocketed by nearly 50%. The AMA is now advocating for a minimum 90% return of premiums to consumers and the establishment of an independent private health authority to regulate the sector and drive long-term reforms.
The Daily News Now! - Every city. Every story. Powered by AI.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
