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Health Insurance News

20/04/2015 - 11:15am

If you've planned a holiday, you'll have a checklist of things to do. Book the time off work, organise flights, buy suitable clothes, arrange for someone to look after your pets - the jobs go on.

This exhaustive to-do list is perhaps why many people don't even think about travel insurance until it comes to the point of purchase. Whether you are shopping online or with a travel agent, the pressure to say yes often leaves holiday-makers with an impulse decision to make.

14/04/2015 - 4:03pm

When it comes to promoting a healthy culture in the workplace, there are generally three types of employer: those who understand the benefits of a program to boost it and are doing so; those who understand the benefits but are lost on how to do so; and those who have no stance in making such an improvement.

The factor that may be holding back many in the latter category is a recognition of the importance of such an issue. Does improving employee wellbeing really have a positive effect on the business?

10/04/2015 - 5:06pm

Do you have any complaints or concerns surrounding your private health insurance?

Some Australians do, and will turn to their health funds for advice. However, many others are not receiving the level of service they would like from their insurance providers, a recent report suggests.

The Private Health Insurance Ombudsman (PHIO) - the body responsible for monitoring the industry and handling customer problems and enquiries - has released its annual report over the concerns of private health insurance customers.

09/04/2015 - 10:32am

It is a sign of Australia's quickly growing population that newborns are brought into the world with increasing frequency each year.

According to the Australian Bureau of Statistics, there were 251,161 births in 2003, while that figure jumped to 309,582 only 10 years later.

07/04/2015 - 5:48pm

At the start of this month, the Australian government pushed ahead with the annual rise in premiums for health insurance policyholders.

Announced in March, health insurance premiums have risen by an average of 6.18 per cent. However, this has varied depending on the health fund and product in question. The actual premium rise for an individual has been anywhere between 3.98 and 6.99 per cent.

07/04/2015 - 2:22pm

In a country of more than 23 million, around half of the Australian population have private health insurance. But why, you may ask.

All Australian residents have access to free public health services through Medicare, after all, so what causes such a large portion of Australians to turn to the private system, which is accessible through a health fund?

Here, we take a look at some of the reasons:

For added choice and control

30/03/2015 - 2:39pm

Many public hospitals are finding themselves pushed for time and resources, which is leaving them struggling to meet the high standards demanded of the medical industry.

The first victim in such a case is often the waiting times. Medical professionals are, of course, not going to reduce their quality of care; but with a growing and ageing population, it is leaving the queue to see a doctor, nurse or surgeon rather long.

27/03/2015 - 3:48pm

By now, you may have heard about the changes about to come into place that will affect the cost of health insurance in Australia. An annual rise in premium rates will give health funds the ability to maintain a high level of benefits in the light of increasing cost pressures.

27/03/2015 - 3:43pm

If you are thinking of purchasing private health insurance in the coming weeks, you may find ample reason to do so.

27/03/2015 - 3:32pm

With the latest premium price rise coming into effect from 1 April, many people will look for ways to cut the cost of their health insurance policy.

Of course, this is a fine balancing act. One of the main advantages of having health insurance is the benefit of security through a well-rounded level of cover. Any changes to a policy must be done surgically rather than with a hammer and chisel.