Posted by Michael Wonder on 30 Nov 2016
87 per cent of Aussies believe private health insurance is expensive
30 November 2016 - Over 5 million Aussies reviewed their policy in the last 12 months.
New research released by health insurance experts’ iSelect today has revealed that Australians have major concerns about the affordability of private health insurance with 87 per cent describing their current policy as expensive. This includes 45 per cent of Australians who describe their health insurance policy as “very expensive.”
Despite affordability concerns, the national Galaxy Research study commissioned by iSelect in October[1] found that the overwhelming majority of privately insured Australians still value their cover, with almost nine out of ten Aussies with private health insurance believing that it is important to them.
Laura Crowden, spokesperson for iSelect, said that affordability concerns are clearly prompting many Australians to review the cover and explore their options.
