Posted by Michael Wonder on 09 Jan 2018
Superannuation plundered to pay medical bills
9 January 2018 - The rising use of superannuation funds to meet high medical bills is a disturbing sign of the deepening impact out of pocket medical costs are having in Australia, the Consumers Health Forum says.
“That an increasing number of people are having to dip into their super early to ensure they can get the medical treatment they need underlines the twin failure of Medicare and health insurance to meet increasing medical costs,” the CEO of the Consumers Health Forum, Leanne Wells, said.
“High out of pocket costs, running into thousands of dollars for many patients, are contributing to the widening gap of two-tiered medicine where access to medical treatment is dependent on your means rather than need.
