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Health Insurance News

21/11/2014 - 9:44am

There can be great diversity in the cost of a health insurance plan. With so many variables - coverage, location, age of consumer, etc. - it can be a complex process assessing the risk and, as a result, the cost of a health insurance policy.

21/11/2014 - 9:02am

In the run up to Christmas, ensuring everything is in place if you are planning a trip out of the country can leave with you a long checklist of criteria to meet. Travel insurance can often slip the mind, despite being crucial if you run into any difficulties while you are away.

In a bid to make it easier for Australians to choose their travel insurance policies, Julie Bishop - Minister for Foreign Affairs - has announced the CHOICE initiative to help Australians better understand travel insurance and all of the nuances that may trip them up further down the line.

21/11/2014 - 8:58am

The privatisation of Australia's largest health insurance provider continued to take another interesting turn this week, as the price cap was lifted for the institutional offering of Medibank Private.

As the book-build for the flotation on the Australian Securities Exchange (ASX) gets underway, institutional investors have been encouraged to bid higher to secure shares.

18/11/2014 - 9:34am

Travelling is one of the greatest ways Aussies can see the world. While our own country is great for local tourism, our seclusion from much of the world makes exploring other countries a thrilling experience.

Travelling is more popular than ever in Australia. A decade ago, there were 18.6 border crossings, according to a recent Australian Bureau of Statistics report. This included people leaving and arriving in the country over the 2003-2004 period.

13/11/2014 - 12:49pm

You may have already heard about the Medibank Private sale: a stock market flotation that will put Australia's largest health insurance provider up for sale before the end of November.

The government says the privatisation of the company will increase competition in the health insurance market, and ensure they are not both regulator and insurer at the same time.

12/11/2014 - 7:28am

Australia is known for attracting workers from all over the world. On Aussie shores, many can find their skills put to use, and the economy often sees the benefit.

Which is why we have the 457 visa program, to ensure skilled individuals continue to come and add their experience across all states and territories.

Towards the end of the year, Australia has around 25,000 migrant workers in the country, according to a June release by the Department of Immigration and Border Control.

12/11/2014 - 7:25am

It can be easy to find a skewed view on hospital care. Most opinions either come from either bad or good examples of how an individual found their level of treatment - the fact that both can occur shows that it is a imperfect way of gauging the standard of a specific facility.

If you are looking at your health insurance and the level of care you are receiving, or are likely to receive should you fall victim of illness or injury, it is important to know the hard facts.

06/11/2014 - 2:29pm

Australia's health insurance is leading the Asia-Pacific region, and proving to be one of the better established models in the world. This is according to a columnist and Asset Management Executive Director Brian Gaynor, who in his report for the New Zealand Herald, pointed out the difference between our standard of health care and that of our trans-Tasman neighbours.

Mr Gaynor unearthed some interesting statistics on what separates the two economically developed nations - other than around 2,000 kilometres of ocean.

05/11/2014 - 3:11pm

The world is an increasingly smaller place - or so it is said. With almost any country on Earth accessible by a mere day's flight, it seems more people are taking the opportunity to work abroad.

We see this on a global scale, with millions of people heading abroad to offer their skills to different regions and reinforce some of the most important industries worldwide.

03/11/2014 - 2:47pm

Brokers bid in great numbers on behalf of their clients this week for shares in Medibank Private.

Australia's largest health insurer is being floated on the Australian Stock Exchange in a bid to raise between $4.3 billion and $5.5 billion for the government purse.

Experts suggested the number of interested parties buying shares in the health insurance company would be high, though brokers alone bid $11.987 billion in the first round of stock sales.

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