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Health Insurance News

12/11/2014 - 8:25am

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 - 3:29pm

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 - 4:11pm

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 - 3:47pm

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.

30/10/2014 - 4:19pm

Health care inevitably affects us all in some way, though that doesn't stop many Australians from worrying about it. This is courtesy of the latest survey by Ipsos Social Research Institute, which found health care to be the second biggest concern among Australians.

With new and recurring health concerns covered by the media and many struggling to find the appropriate health insurance to cover against all eventualities, large portions of the Australian population rank health care among their top worries.

30/10/2014 - 3:03pm

The privatisation of Australia's largest insurance provider begins on October 28, as shares in the company go on sale.

The sale of Medibank is designed to make the health insurance market more competitive, as the government steps back from being a provider of cover to the general population.

23/10/2014 - 4:11pm

Telstra has its fingers in many pies. This week, the telecommunication company announced that it will ramp up its activity in Australia's medical industry and enter the competitive healthcare sector.

The Australian incumbent announced a new service designed to connect patients in remote locations with GPs, as well as developing new local and global partnerships with healthcare providers.

23/10/2014 - 3:23pm

Are you happy with your insurance cover and cost? The answer may be yes - but that may not prevent you from looking elsewhere for a better deal.

That is the finding of a research study by Accenture this month, which discovered that even if a person or business is happy with an insurance claim, it does not necessarily stop them jumping ship to another insurance provider.

Accenture rounded up almost 8,000 insurance customers in 14 different countries and questioned them about their insurer loyalty.

20/10/2014 - 4:24pm

The sale of Medibank Private will see the biggest health insurance provider in Australia floated on the Australian stock market as early as November.

Finance Minister Mathias Cormann announced on October 20 that the privatisation of Medibank will see the government-owned insurance company enter the top 100 companies on the ASX.

16/10/2014 - 4:29pm

The government has increased its rhetoric that a $7 GP co-payment charge will benefit the funding of medical services and support the medical and research community.

This month, Prime Minister Tony Abbott has called for a united front in passing a rule change that he said is conditional on reaching the $20 billion target for the Medical Research Future Fund.