Under 30s turning their backs on private health cover

The Australian

13 December 2016 - Younger Australians are increasingly turning away from private health insurance, preferring to try their luck in the public system than pay for a policy they don’t feel they need.

Scott Wilson, chief executive of comparison website iSelect, said data for the first four months of the financial year showed afford­ability concerns continued to drive policy churn, which was likely to increase ahead of premium ­increases next year.

But he said the major concern for the sector was young people no longer felt they needed to buy health insurance.

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Michael Wonder

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Michael Wonder