Posted by Michael Wonder on 11 Oct 2018
Private health insurance simpler and cheaper for everyday Australians
11 October 2018 - New rules have been announced that will make private health insurance easier to understand and help Australians choose the cover that best suits them and their families from 1 April 2019.
The rules establish easy to understand clinical categories and a Gold, Silver, Bronze and Basic classification system.
This is a no surprises approach that will, for the first time, provide clearer information to consumers and allow them to compare different health insurance policies and choose the cover that best suits their needs.
These reforms will have an overall neutral to -0.3% impact on premiums compared with current policy settings.
