8 September 2016 - Federal Health Minister Sussan Ley is set to announce a new committee to review the cost of medical devices, a move that could lead to lower health insurance premiums next year.
Health insurers have argued that about $800 million could be saved by reforming the Prostheses List, which the government uses to regulate how much health funds pay for prosthetics, human tissues and device implants.
Ms Ley said the decision to revamp the Prostheses List Advisory Committee was a necessary first step of the broader private-health reform agenda, designed to ensure consumers received better value and choice from their policies.