Posted by Michael Wonder on 05 Feb 2017
Mental health cover a battleground for private health insurers
5 February 2017 - Excluding care like mental health from cheaper health insurance policies is proving to be a big battleground as insurers work towards standardising their policies as part of the federal government's industry overhaul.
The Turnbull government has proposed a major revamp of Australia's private health insurance system in order to simplify the products that will categorise health insurance policies as either gold, silver, or bronze.
The Australian Financial Review can reveal that after the third meeting held last week by the Private Health Ministerial Advisory Committee, which includes representatives from the healthcare and insurance sectors, an option has been proposed that excludes mental health hospital cover from the lower categories.
