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Health Insurance News

05/06/2018 - 1:47pm

A good corporate health insurance plan demonstrates to current and prospective employees that you value their well-being and see them as more than just an asset. It also offers significant benefits to employers that can both affect a company's bottom line for the better, and create a strong workplace culture. Here are some of the top benefits of a corporate health insurance policy.

07/05/2018 - 5:58pm

There are many benefits to private health insurance. It allows you to choose from a wider selection of hospitals, treatment options and specialists. Private health care also offers decreased wait times and peace of mind by helping to pay for treatments in the event of unexpected health issues.

07/05/2018 - 5:58pm

Private health insurance gives consumers more freedom when it comes to health care. As of 31 December 2017, 45.6 per cent of the Australian population were covered by hospital treatment insurance, according to the Australian Prudential Regulation Authority (APRA). The APRA quarterly report shows that health insurance funds are returning the highest percentage of the premium back to members of all insurance types.

12/04/2018 - 5:01pm

Increasing wait times and a lack of funding are making it hard for people with mental illnesses to receive adequate care. Implementing a corporate health insurance plan to satisfactorily cover your employees when it comes to mental illnesses such as depression and anxiety can help.

12/04/2018 - 5:01pm

According to the World Health Organisation, depression is the leading cause of disability worldwide, and in order for people who experience such mental health disorders to receive an accurate diagnosis and the right treatment, prompt access to specialists is paramount. Recent research in Australia, however, has indicated that underfunding has led to extended wait times and a shortage of highly skilled mental health practitioners.

29/03/2018 - 2:16pm

The new TSS visa came into effect on March 18, and it will provide skilled migrant workers with the opportunity to work in their specialised field for an approved sponsor in Australia. As with the old 457 visa, holders and applicants of the TSS visa are required to have adequate health insurance under condition 8501.

29/03/2018 - 2:16pm

The switch from the 457 visa to the new Temporary Skill Shortage (TSS) visa (subclass 482) has now taken effect. Some key clauses when it comes to the new visa have changed, however as with the 457 visa, holders and applicants of the TSS visa are required to have adequate health insurance under condition 8501.

09/03/2018 - 8:34am

Corporate health insurance can be an effective way of keeping the staff you can

09/03/2018 - 8:34am

Employee turnover is expensive - more so than you'd think. In fact, a business of 50 employees can expect a turnover of roughly 10 staff per year, according to estimates from Harrison Human Resources. They also stated that the costs of hiring and retraining, as well as loss of productivity for replacing one employee could cost as much as their yearly salary. 

26/02/2018 - 9:24am

Two large health funds, HCF and HBF are in talks for a merger. This would make them the third largest fund in Australia, strengthening their position and announcing them as a major player in Australian health insurance. We have a closer look.

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