Health insurers demand reforms to keep premium increases low

The Australian

11September 2017 - Australia’s health insurance industry has warned Health Minister Greg Hunt that if he wants consumers to have lower annual premium increases next year he has just over a month to move on reforms to cut costs to the sector.

In an exclusive round-table discussion, hosted by The Australian, the heads of the country’s top insurers, covering about 80 per cent of the market, agreed time for reform was now.

“My memo to Greg Hunt, if you want an industry price increase next year with a 3 in front of it, you’ll have to do more about prosthetic devices, because that is an easy win,” Nib chief Mark Fitzgibbon said.

Read The Australian article

Michael Wonder

Posted by:

Michael Wonder