Posted by Michael Wonder on 20 Mar 2017
Two million to quit or downgrade private health insurance cover research suggests
21 March 2017 - Two million Australians plan to dump or downgrade their health cover ahead of premium rises three times the inflation rate that take effect next month.
It will accelerate the dangerous health fund membership spiral which started last year that threatens the long term viability of the health insurance industry.
And it puts the government under even more pressure to reform the industry in the budget to put a brake on a decade of premium rises many times the inflation rate.
