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Personal medical health insurance in disaster – jj

Personal medical health insurance in disaster


With membership rates sagging and premiums substantially outpacing wages, urgent reforms are needed to avert a looming crisis for Australia’s health insurance industry. A new report claims that health insurance is “increasingly unfair, costly and confusing,” and if trends persist, young Australians will abandon coverage, as a larger proportion of unhealthier, older and expensive users will pay increasingly higher premiums. The reports author’s also questioned whether the $9 billion the government pours into the industry in annual subsidies “was money well spent.” 

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