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Private Health System News

30/01/2015 - 5:04pm

Calls to the scrap the private health insurance rebate are in a state of flux, as Finance Minister Mathias Cormann has made his position on the matter clear.

Minister Cormann has rejected the calls and maintains that the current system is working as is.

Welfare groups across Australia have been the driving force in pressuring the government, as changes to proposed policies were altered earlier in January before they could come into effect.

08/01/2015 - 2:42pm

Establishing that your health and wellbeing will be looked after in the long-term is something everyone desires. To that end, ensuring you do not pay too much for your health insurance cover, learning the intricacies of Lifetime Health Cover (LHC) can prove crucial if you don't want to be penalised.

08/01/2015 - 1:59pm

The Australian Government is set to review the rebate on private health insurance premiums for natural therapies undertaken by private health insurance policy holders. The initial plan was drawn up way back in July 2012, with extended delays pushing back the implementation of the review until 1 April this year.

08/01/2015 - 1:58pm

Taking out private health cover can give you the peace of mind that should you be in need of treatment, there will be a number of options available. What many policy holders don't understand is how the nuances of using their private health insurance in getting treatment from a public hospital affects them.

07/01/2015 - 1:27pm

Technology is driving innovation in nearly every commercial sector. Following an announcement by the government that Australia's first digital eHealth facility is now open, it appears even hospitals are following the trend, too.

St Stephen's Private Hospital in Hervey Bay is the first of its kind in Australia, with provisions for up to 96 inpatients and three operating theatres utilising only the most up-to-date and sophisticated eHealth technologies.

The future of health care

19/12/2014 - 12:06pm

A new calendar year offers a clean slate in many aspects of life. From joining a gym to eating more healthily, many people use the ticking over of the calendar as a means to review.

Whilst you don't have to do anything particularly drastic, making sure that your private health insurance is giving you the best possible coverage should be high on your list of resolutions. Here are a few things to keep in mind:

Make sure your premiums are up-to-date

17/12/2014 - 3:10pm

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 - 11:18am

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.

26/11/2014 - 4:03pm

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.

24/11/2014 - 2:02pm

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.

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