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Health Insurance News

03/12/2013 - 3:47pm

Considerations concerning the sale of Australian health insurance provider Medibank Private have progressed according to a November 29 statement from Minister for Finance Mathias Cormann.

A careful and methodical process is underway, bolstered by the appointment of key advisors to conduct research into the scope and impact of the sale.

The business, legal, accounting and process/probity advisors will join forces to prepare a scoping study report that will make recommendations on all aspects of the proposed sale.

29/11/2013 - 4:28pm

Research on the waiting times for malignant breast, bowel and lung cancer surgery will help lead service improvement, according to the Australian Healthcare and Hospitals Association (AHHA).

The National Health Performance Authority found overall results were positive but there were significant levels of variation between treatment for those with private health insurance and their uninsured counterparts across multiple facilities.

29/11/2013 - 4:17pm

The Australian health insurance market is expected to grow by a compound annual rate of 10.1 per cent between 2012 and 2016, according to the latest report from global market analysis organisation Research and Markets.

One of the key factors contributing to this growth is the healthy competition in the market and strong government support systems in place.

29/11/2013 - 8:56am

Rising costs is just one of the issues that are likely to emerge in light of an ageing population, recent research from the OECD suggests.

The group found that benefits need to be sufficient to maintain a standard of living in old age, while policy action must be taken to ensure people are able to meet living costs.

Pensions at a Glance 2013 explained that the majority of OECD countries will have a retirement age of at least 67 years for both men and women by 2050.

Written by: Suzanne Still
29/11/2013 - 8:54am

Long wait times are often one of the reasons why people seek private health cover, although a program in Queensland has apparently been effective at speeding up access to surgery.

Queensland Health's Surgery Connect program has given people the chance to receive surgery in the recommended time, supporting 3,800 procedures in 2012-13.

Written by: Jethro Still
27/11/2013 - 2:48pm

Health insurance premiums are set to rise in 2014, and a sluggish response from the health fund rebate will leave Australian families out of pocket, according to a November 25 article from the News Limited Network.

27/11/2013 - 6:47am

Health care services throughout Australia are likely to face more strain than ever over the coming decades, as new figures predict the population will double by 2075.

The Australian Bureau of Statistics (ABS) made the forecast, indicating that 46 million people will live in the country in 62 years' time.

Director of demography at the ABS Bjorn Jarvis explained that if population growth speeds up at a faster rate than expected, this target could be reached as early as 2058.

26/11/2013 - 9:18am

Life expectancy is on the rise across Australia and while this reflects well on the quality of private health cover and other medical services, it also has the potential to create problems.

25/11/2013 - 6:54am

Many lung cancer sufferers find they face a stigma that ultimately reduces their quality of life, a new study has found.

Presented by Cancer Australia to the Clinical Oncology Society of Australia's Annual Scientific Meeting, the report showed that this is the case for both smokers and non-smokers alike.

Research co-author Sue Sinclair explained that coping with lung cancer is difficult for anyone, so dealing with a stigma as well can make the situation even worse.

25/11/2013 - 6:54am

Diabetes is a growing problem across every nation, with around one in ten of the global population expected to suffer from the condition by 2035.

This is according to the International Diabetes Federation (IDF), which revealed that by 2035, the amount of people with diabetes will reach 592 million.

The majority of these people will live in low and middle income countries and be under the age of 60.

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