Call to strip government subsidies from 'junk' health insurance

Sydney Morning Herald

4 August 2017 - Consumer advocacy group CHOICE has called on the federal government to stop providing tax breaks and rebates for "junk" health insurance policies.

Junk insurance – policies that don't cover treatment for almost all illnesses, including heart attack, stroke and cancer, or that only allow the policyholder to be treated as a private patient in a public hospital – attracts millions in government subsidies.

But these policies, often marketed to young people as the "no-frills" option, were barely worth the paper they were written on, CHOICE told the Senate inquiry into the value and affordability of private health insurance and out-of-pocket costs.

Read Sydney Morning Herald article

Michael Wonder

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Michael Wonder