25 November 2021 - Quarterly private health insurance data from the Australian Prudential Regulation Authority reveal that health funds have increased profits while benefits paid to members have dipped and out-of-pocket costs have grown significantly in the past 12 months.
The Consumers Health Forum has today released the results of its Australia’s Health Panel survey into health insurance which shows that a majority surveyed - even of those with insurance - did not believe that private health insurance was value for money.