Skip to Content

Private Health System News

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.

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.

21/11/2014 - 9:44am

There can be great diversity in the cost of a health insurance plan. With so many variables - coverage, location, age of consumer, etc. - it can be a complex process assessing the risk and, as a result, the cost of a health insurance policy.

12/11/2014 - 7:25am

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 - 2:29pm

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 - 3:11pm

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.

30/10/2014 - 3:19pm

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 - 2:03pm

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 - 3:11pm

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 - 2:23pm

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.

Syndicate content