18 October 2016 - Market forces may be used to bring down the cost of prostheses in the private sector, with Health Minister Sussan Ley seeking fresh advice on a new regulatory pricing model.

Health insurers have long called for reforms to the Prostheses List, arguing up to $800 million a year could be saved — helping take pressure off premiums — if prices reflected those in the public system and overseas.

Although Cabinet reportedly decided against price cuts this year, Ms Ley has sought to reinvigorate the Prostheses Listing Advisory Committee.

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