High health care costs suggest review is needed: report

The Australian

8 October 2019 - The federal government’s annual $6 billion spend on the health insurance rebate could be redirected to more efficiently fund health care in Australia, a new report argues.

The report by the Actuaries Institute, which compares Australia and other developed countries, suggests reforms for better integration between private and public health care.

It proposed that the government should look at using risk adjusted rebates — a variation on an approach adopted in countries including the Netherlands, Germany and Chile — to support community rating for those in need, rather than only income-based rebates on premiums.

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Michael Wonder

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Michael Wonder