Posted by Michael Wonder on 23 Oct 2016
Private health insurers victims of rising healthcare costs too
24 October 2016 - The annual jostling for position has begun: just how much will private health insurers be allowed to raise their premiums this year to help offset healthcare costs rising by an average 6.5 to 6.7%?
Labor has made it abundantly clear since it's shameful Mediscare campaign that taking one dollar out of healthcare will be fought tooth and nail. It thinks that money means better healthcare by definition. The notion that reining in healthcare costs will keep Medicare sustainable is anathema. Labor will also attack the rapacious insurers for price hikes. Yet the inflation in healthcare costs is driven by an unreformed and largely government-run healthcare system riddled with regulated rorts and inefficiencies.
