Posted by Michael Wonder on 19 Aug 2020
Why are Australians ditching private health insurance during the coronavirus pandemic?
18 August 2020 - Despite the fact a deadly virus is raging around us, thousands of young Australians have decided to dump their private health insurance as the effects of the COVID-19 pandemic set in.
In the first major look at the impact of the crisis on the private health insurance industry, the latest data shows almost 29,000 Australians ditched their cover in the three months to June, at a time when the Federal Government introduced lockdown measures and it became harder to claim benefits.
Australians abandoning their private cover is hardly new — it's an ongoing trend that existed well before we'd ever heard of COVID-19.
