Insurers again blame prostheses list for high premium costs

The Australian

6 April 2017 - Australia’s top health insurers have continued to call for regulatory reform and sector collaboration to stop consumers cancel­ling policies because of afford­­ability concerns.

Nib’s group executive of Australian residents health insurance, Rhod McKensey, said conditions remained soft as consumers listed affordability as a key concern.

“Rising healthcare spending and an increasing ratio of tax­payers to retired, often high-cost, Australians means on balance any policy or regulatory change needs to encourage private health insurance participation,” he said.

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Michael Wonder

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Michael Wonder