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Health Funds and Industry News

18/08/2015 - 5:43pm

Health Minister Sussan Ley and the Australian Government have released a discussion paper on possible reforms to primary health care. The aim is to gather information and inform any decision by the federal government to develop Medicare in line with the growing threat of chronic diseases, in the hope of alleviating some of the pressure on hospitals.

07/08/2015 - 4:23pm

With more than one million members across Australia and New Zealand, nib is one of Australia's largest health insurance providers. The fund is also set to become substantially larger, with the acquisition of World Nomads Group (WNG) announced last month. 

The $95-million deal expands nib's travel insurance capabilities, after taking 100 per cent ownership of WNG - Australia's third largest travel insurance provider.

03/08/2015 - 11:52am

The cost of health insurance is generally considered the factor that separates the 50/50 split of Australians with and without policies.

28/07/2015 - 3:09pm

Do you understand your health insurance policy? If not, and if you haven't sought help and advice, you may have a policy that doesn't cover for your most pressing needs.

22/07/2015 - 4:39pm

Have you ever received hospital treatment, either as part of your private health insurance benefits or via the Medicare healthcare system? If so, did you leave feeling like you had ongoing support during your recovery period?

30/06/2015 - 10:50am

Towards the end of last year, Australia's largest health insurance provider, Medibank, underwent a stark transformation as the company was listed on the Australian Securities Exchange (ASX).

The stock traded initially for $2.15 to institutional buyers and $2 to the public - including policyholders, who were given the option of registering for more shares than non-Medibank customers.

01/06/2015 - 11:53am

You may have heard that the Australian population is growing, but do you know by how much?

According to the latest figures from the Australian Bureau of Statistics, there is a birth in the country every one minute and 44 seconds, while one death happens every three minutes and 27 seconds - meaning there are almost two births for every death.

On top of this, an international migrant takes residence in Australia every two minutes and 13 seconds. Overall, this has led to the total population increasing by one person every one minute and 21 seconds.

27/05/2015 - 12:54pm

Last month, the price of private health insurance rose, as it does every year, to keep up with the rate of inflation.

27/05/2015 - 12:54pm

It's been a complicated 12 months for Medibank Private. The largest health insurance provider in Australia underwent a transformation last year when it decided to launch on the Australian Securities Exchange (ASX).

The newly privatised company will undergo another directional change as it looks to revitalise its brand image from an "expensive" health fund, The Australian reports.

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.

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