Health Insurance News

Private health insurance has always been a volatile business, with consumers becoming increasingly critical of price increases that happen like clockwork every year. Since 2013 the average price of private health insurance has increased by roughly 23 per cent according to the Australian Prudential Regulation Authority, and that's having a profound effect on coverage levels.

Pouring money down the metaphorical drain is the worst nightmare of most business owners. That's why before starting any new initiatives to improve your business you should be sure that they'll make a positive difference - corporate health insurance in Australia is no exception. 

But it can be tough to know what questions to ask when buying corporate health insurance, and to figure out what's really important. 

Business efficiency. 

It's a phrase thrown around so often that it loses meaning, but it's also an essential factor of any business's success. A recent OKI study found that 78 per cent of businesses intend to implement new initiatives to improve cost efficiency in the next year.  Are you looking to do the same? How can you get started?

Countless Australians don't concern themselves with private health insurance until they wish they had it. That may be because most believe that Medicare and the public system covers them for ambulance and emergency services as well as specialist care, according to a recent Pureprofile study.