Health insurance reforms to bring more clarity to coverage

Sydney Morning Herald

26 February 2019 - With only a month to go before the annual hike in private health insurance premiums, many people are weighing up whether the ever-increasing costs for services are worth the financial pain.

It comes as no surprise that three out of four private health insurance members struggle to meet the cost, sighting that the premiums are one of the biggest strains on the family budget.

For Marilyn and Bob, a retired couple, the premiums make up almost 10 per cent of their annual income, making it “a tough decision every year whether to continue”.

A common frustration is also not fully understanding what they are covered for. They are not alone.

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Michael Wonder

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Michael Wonder

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Australia , Health plans