Skip to Content

Health Insurance News

18/12/2014 - 3:31pm

The government has announced that reinforcing Medicare as 'strong and sustainable' is one of their main aims into 2015.

Following the release of the 2014-2015 budget, there was to be a $7 Medicare co-payment introduced across the country. However, this has now been scrapped. Rather than that ill-received co-payment, the government has plans to introduce a package of new schemes which - it is hoped - will only better Medicare and continue to provide what it describes as 'affordable, world-class healthcare.'

17/12/2014 - 2:10pm

There are a whole host of health funds which can provide you with an even bigger number of insurance products. Putting in the time and effort to find the right one may be something you only do once, but keeping in mind that you have the right to change can be crucial.

16/12/2014 - 10:18am

Making that extra effort to go on holiday over the festive period is one option which many Australians choose to take. If you've identified the fact that you're going to need appropriate travel insurance to cover the entirety - or a specific leg - of your trip, then finding the right cover can seem daunting at first.

02/12/2014 - 2:31pm

Whether you're the head of an enormous conglomerate with multiple interests, or a small-business owner in charge of a handful of highly trained individuals, making sure your employees' health and wellbeing is secure can be absolutely critical to continued success.

Finding the right corporate health insurance can be a key way to do this. There are a total of 35 health funds available in Australia, each with varying policies and levels of cover.

02/12/2014 - 2:29pm

During your youth, there can be an inner feeling which makes you believe that you can take on the world and that your health and wellbeing will look after themselves. Many young adults will put finding the right health insurance cover a long way down their list of priorities, but should they be taking it more seriously?

If you are a millennial concerned about your lack of health insurance, here are a few things to keep in mind:

01/12/2014 - 7:44am

Getting out and travelling the world - no matter what your age - can be one of the great joys in life. When you're young, the opportunity to live and work in another country will always be an attractive prospect.

However, the Department of Immigration and Border Protection (DIBP) has reinforced that it's now more important than ever for young people travelling to Australia to understand their 457 visas. 

Potential for fraud

26/11/2014 - 3:03pm

After the hype of the Medibank initial public offering, the company officially being listed on the Australian Securities Exchange (ASX) had the potential to be underwhelming, but investor interest has remained high.

Prior to the company going live on the exchange at midday on November 25, much had been made about its share prices, which were collectively valued at at $5.679 billion.

25/11/2014 - 9:27am

If you have to make a claim towards the beginning of your health insurance policy, you may wonder why there are periods where it seems like you are being denied the service you've paid for. To better educate policy holders, the Private Health Insurance Ombudsmen has recently outlined the key reasons why you can be left in limbo.

Waiting periods

25/11/2014 - 9:20am

If you're looking for a health insurance policy that takes into account any pre-existing condition you may have, there are several hurdles to overcome in the quest for the right agreement.

Under the Private Health Insurance Act 2007, providers cannot openly discriminate against anyone seeking their services with a pre-existing condition. However, there are a number of criteria and stipulations which can affect your prospective policy.

Pre-existing conditions

24/11/2014 - 1:02pm

The highly anticipated and much talked about share offering of Medibank has been completed, with $5.679 billion raised from the initial public offering (IPO). The company will officially begin trading on the Australian Stock Exchange at noon on November 25.

Earlier estimates outlined that the government would stand to make somewhere between $4.3 billion and $5.5 billion, but the huge amount of interest has already seen those figures comfortably surpassed.