The Council of Procedural SpecialistsThe Council of Procedural Specialists

  • Home
  • About COPS
  • Members
    • Australian Society of Orthopaedic Surgeons (ASOS)
    • Interventional Radiology Society of Australasia (IRSA)
    • Australian Society of Ophthalmologists (ASO)
    • Australian and New Zealand Association of Oral and Maxillofacial Surgeons (ANZAOMS)
    • Australian and New Zealand Society for Vascular Surgery (ANZSVS)
    • Medical Surgical Assistants Society of Australia (MSASA)
    • Australian Society of Anaesthetists (ASA)
    • National Association of Specialist Obstetricians and Gynaecologists
  • Health Facts
  • Reports
  • Articles
  • News
  • Contact Us
  • Log In
  • Home
  • News
  • Government Rejects Private Health Insurers Price Hike

Government Rejects Private Health Insurers Price Hike

Tuesday, 26 November 2019 / Published in News

Government Rejects Private Health Insurers Price Hike

Mr Hunt has written to insurers demanding they resubmit applications for 2020, after being hit with requests for increases understood to be an average 3.5 per cent - more than double the rate of inflation and higher than this year's 3.25 per cent hike.

The federal government has rejected private health insurers' application to increase premiums by 3.5 per cent. pic.twitter.com/QnZxGtbs5J

— Sunrise (@sunriseon7) November 24, 2019

The medical devices industry, which is at war with insurers over their push for a crackdown on sales tactics that drive up overall costs, heaped political pressure on Mr Hunt by commissioning polling to back its demand that he use his powers to force a lower premium rise.

Results of a YouGov poll of 1000 people suggested three-quarters of Australians want the minister to "force private health insurers to use some of their $1 billion in profits to keep premium increases under 3 per cent next year".

Medical Technology Association of Australia chief executive Ian Burgess disputed this, saying Medibank, Bupa and NIB "have not paid once extra cent for medical devices in the past two premium years".

The minister is also considering including allowing health funds to pay for medical services to be delivered outside of hospitals at a lower cost.

Tagged under: Private Health Insurance

What you can read next

COVID-19 Statement
COVID-19 Statement
APRA Quarterly Private Health InsuranceReport
APRA Releases Quarterly Private Health Insurance Statistics for Sep 2017
Draft Determination – Honeysuckle Health and nib application for Authorisation

Recent Posts

  • AIGW Hospital's at a Glance 2024

    AIGW – Hospital’s at a Glance 2024

    Hospitals play an important role in Australia’s...
  • Growth of Bureaucracy in the British National Health Service

    Dr Max Gammon MB BS prepared a paper on the Gro...
  • Vale John Allan Buntine – MMBS FRACS

    Vale John Allan Buntine a Fellow of the Royal A...
  • APF: Too late? The new normal, State government slurps up all patient information

    The Victorian government acts in haste to pass ...
  • Managed Care In the USA – a doctor’s experience

    Have a look at Dr Brown's presentation on Manag...

Our Members

  • Australian Society of Orthopaedic Surgeons (ASOS)
  • Interventional Radiology Society of Australasia (IRSA)
  • Australian Society of Ophthalmologists (ASO)
  • Australian and New Zealand Association of Oral and Maxillofacial Surgeons (ANZAOMS)
  • Australian and New Zealand Society for Vascular Surgery (ANZSVS)
  • Medical Surgical Assistants Society of Australia (MSASA)
  • Australian Society of Anaesthetists (ASA)

Members

  • Australian Society of Orthopaedic Surgeons (ASOS)
  • Interventional Radiology Society of Australasia (IRSA)
  • Australian Society of Ophthalmologists (ASO)
  • Australian and New Zealand Association of Oral and Maxillofacial Surgeons (ANZAOMS)
  • Australian and New Zealand Society for Vascular Surgery (ANZSVS)
  • Medical Surgical Assistants Society of Australia (MSASA)
  • Australian Society of Anaesthetists (ASA)

Latest News

  • AIGW Hospital's at a Glance 2024

    AIGW – Hospital’s at a Glance 2024

  • Growth of Bureaucracy in the British National Health Service

  • Vale John Allan Buntine – MMBS FRACS

  • APF: Too late? The new normal, State government slurps up all patient information

Contacts Us

(02) 9567 7329

  • Disclaimer
  • About COPS
  • Contact Us

Council of Procedural Specialists © 2015. All rights reserved.
The COPS logo is a registered trademark.

TOP