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Health Insurance News

25/03/2010 - 12:09pm

Medibank Private has announced that it will exclude restricted cover services from hospital policies. It is believed that the change will affect hundreds of thousands of Medibank Private Members, leaving them uninsured for a range of common operations.

10/03/2010 - 10:44am

The Federal Government has been given another double-dissolution election trigger with the Senate blocking changes to private health insurance for a second time.

04/03/2010 - 10:39am

The Rudd government has announced a $30.9 billion funding takeover in a bid to fix Australia's public hospitals.

24/02/2010 - 8:35am

Ms Nicola Roxon the Minister Health and Ageing has released confirmation that she has approved an average health insurance premium increase of 5.87 per cent.   This increase is lower than last year of 6.02 per cent.

23/12/2009 - 1:35pm

Australian employers are facing serious challenges trying to attract and retain workers in an era of a shrinking and  ageing workforce. Many of these employers are meeting this challenge with a range of workplace strategies to enable  them to claim “employer of choice” in their particular sector. Another emerging challenge is that the workforce is facing major health risks. Heart disease, obesity, diabetes, cancer and stress are issues that no employer can afford to ignore.

23/12/2009 - 1:19pm

From 14 September 2009, under visa Condition 8501, all new Subclass 457 visa holders are responsible for all health costs for themselves and their family. They will be required by law to maintain adequate insurance for these health costs for the length of their visa. Applicants for Subclass 457 visas will need to provide evidence that they have obtained adequate insurance before their visa can be granted.

15/05/2009 - 6:20pm

In the 2009-10 Budget, the Australian Government proposed changes to both the Private Health Insurance Rebate and the Medicare Levy Surcharge (MLS) tax rates.

The changes are not proposed to take effect until July 2010 and require senate approval to become legislation.   The Federal Opposition has advised that they will not support the proposed changes.

02/03/2009 - 11:35am

Private health insurance premiums will increase by an average of 6.02 per cent from 1 April 2009. Any increase puts pressure on families. However, the Government was determined to restrict increases to the minimum necessary to meet legal requirements, including maintaining the solvency of insurers.

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