Private health insurance has been on ‘set and forget’ for too long
The AMA is concerned many Australians are effectively being priced out of private health insurance policy products that meet their needs, as reports reveal some providers are increasing Gold health premiums by up to 8 per cent.
In a submission to the Department of Health and Aged Carethe AMA welcomed...
Australian health insurers earn $1.3bn more in surplus than two years ago, report shows | Private health insurance
Australian private health insurers earned $1.3bn more in surplus from hospital premiums this year compared with two years prior, while returning less money to customers, a new report suggests.
The Australian Medical Association on Friday released its 2023 private health insurance report card, which also showed differences between...
24% growth in health cover premium drives non-life insurance sector | Finance News
The health insurance segment grew 24.4 per cent in the first half of 2023-24 (H1FY24) to Rs 54,713.52 crore from Rs 43,981.54 crore in H1FY23, driving the growth of the overall non-life insurance industry.
The surge in the price of group health premiums acted as a key contributing factor, data...