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Health Insurance News

26/02/2018 - 9:24am

On February 19 it was announced that the two largest not-for-profit health funds in Australia, HBF and HCF, were in talks to complete a merger. This momentous agreement could change the country's health insurance landscape and fundamentally shift the market position of these two funds.

With that in mind, what are the details of the health fund merger and what exactly could it mean for health insurance customers?

21/02/2018 - 10:04am

The Australian Tax Office will be investigating over 20 million foreign visa holders over the next three years. That means migrants and visitors need to ensure they

21/02/2018 - 10:04am

The Australian Taxation Office (ATO) will soon investigate more than 20 million international visa holders and foreign students, according to a recent media release from the organisation. Over the next three years they'll use data-matching techniques to identify tax avoidance, superannuation non-compliance and other related incidences.

19/02/2018 - 9:06am

Health insurance premiums are are set to increase on April 1 and some industry commentators have taken this chance to criticise health funds, labelling them greedy and the increases excessive. Is this really the case, and what

19/02/2018 - 9:06am

The Labour party has come out swinging at health insurance funds. They called yearly premium increases aggressive and claimed health funds made billions in profit every year. Firstly, Australian Prudential Regulation Authority statistics put total profits of all health funds at just over $1.2 billion. Secondly, premium increases aren't an aggressive move to increase profit - they're quite the opposite.

07/02/2018 - 8:56am

Basic health insurance cover has recently garnered considerable media attention, with some commentators questions its value. In response we look at the reason why some consumers prefer basic cover, as well as the essential role it plays in the proper functioning of the health insurance market.

07/02/2018 - 8:56am

Basic cover is an essential part of the complex private health insurance market, and a product of high value to those who use it. Despite that fact, it has come under fire in the media recently with some industry commentators questioning it's value.

With that in mind, let's have a closer look at why the market needs basic health insurance, and why so many customers value it.

24/01/2018 - 3:01pm

When was the last time you reviewed your corporate health insurance plan? Realistically, your company should be doing routine audits to ensure you're getting the most for your money. Here's what you need to know about auditing your corporate health plan.

24/01/2018 - 3:01pm

Building an efficient corporate health insurance plan for your employees can appear challenging at first, but it doesn't have to be. You just need to know where to begin. To understand where you should get started improving your corporate health plan, you need to conduct an audit.

12/01/2018 - 9:30am

You might be hearing talk about how Australia's premium increases are going to be at a record low in 2018. But what does this mean for you, and how should you be preparing for it?

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