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Private health insurance to rise April 1

Recently promoted Health Minister, Tanya Plibersek, has today announced that private health insurance rates will rise one average by 5.06% from April 1.   The hike in health costs will obviously put...

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Govt cuts $1.1billion from private health

THE federal government has slashed $1.1 billion from private health insurance (PHI) in the mid-year budget update by again reducing the rebate paid to fund members. The changes could cost an individual...

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More hip pain as health cuts bite

TEN million people will pay between $15 and $30 a year more for their health cover from next year as the Federal Government slashes spending on the 30 per cent health insurance tax rebate by $1.1...

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Health sector needs freeing up

The Gillard government’s Mid-Year Economic and Fiscal Outlook, released on Monday, made progress in cutting back overabundant middle-class entitlements, but many of the changes bore the hallmarks of a...

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Surcharge on smokers a no go

Making private health insurance more expensive for those with unhealthy lifestyles isn’t as simple a fix as it sounds. As the federal government defends its plans to trim the private health cover...

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Healthcare founder’s warning on rebate cut

PRIMARY Health Care founder Ed Bateman has warned that cuts to the private health insurance rebate would lead to a short-term fall in demand but says the change is welcome nonetheless. Dr Bateman said...

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Private health insurance premiums to rise up to $150

HEALTH insurance could be pushed out of reach for many people because funds are set to lift premiums by $150 a year, advocates warn. The rise is expected from April next year and industry sources...

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Abott: Labor policy to blame for health fund premium rises

OPPOSITION leader Tony Abbott has blamed proposed health fund premium rises on the government’s means test on the private health insurance rebate and other policies that will make health cover more...

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Private health insurance test a taxing time

Individuals earning over $84,000 a year and families earning over $168,000 a year had their 30 per cent government subsidy reduced or eliminated in July this year. It was their responsibility to notify...

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Youcompare Blog from the Australian: Health insurance unit hits wealthy

It seems high income earners who take out budget plans to avoid tax will be targeted by a new federal government probe, Youcompare has found this article in the Australian HIGH-INCOME earners who take...

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