Health funds poised to cheat members of 1.5 billion dollars in savings says device manufacturers

News Corporation

31 October 2017 - Health insurance customers could miss out on promised cuts to hefty fund premiums unless the nation’s chief financial watchdog takes a stand.

Health fund members could be cheated out of promised cuts to health fund premiums unless the nation’s chief financial watchdog audits their books, the Senate has been told.

To drive down premiums, Health Minister Greg Hunt has slashed by $1.5 billion the amount health funds have to pay manufacturers of hip and knee replacements and other medical devices.

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Michael Wonder

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Michael Wonder