Is the public health system so good you don’t actually need private insurance?

The Advertiser

26 November 2017 - Save your money and don’t bother with private health insurance.

The public hospital system is now so good Australians can get away with not joining a health fund, a major investment bank has found.

And the claim private health insurance is vital to easing pressure on public hospital waiting lists is also a myth according to investment adviser Morgan Stanley.

In a 63-page analysis obtained by News Corporation the investment bank warns “many people now see the free public hospital system as adequate catastrophe cover”.

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Michael Wonder

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Michael Wonder