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Health Insurance
Government Reform Packages for Private Health Funds Causing More Discouragement
While private health insurance members await their yearly premium increase on 1 April 2018, you might soon have to pay even more to remain covered for joint replacements, IVF, hearing loss surgery, heart attacks and insulin pumps.
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The Real Reason Private Health Insurance Premiums Keep Rising
There are only 31 days left before health insurance premiums will rise by an average of 3.95%. The number of people who can afford to pay health insurance premiums has reached a new low with only 46.5% of Australians having private health insurance hospital cover, according to APRA’s 2017 quarterly statistics.
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Kogan.com Officially Launches Health Insurance
Online retailer Kogan.com and health insurer ahm are now offering budget-friendly health insurance policies under the new brand ‘Kogan Health’. The agreement between Medibank’s wholly owned subsidiary Australian Health Management (ahm) and Kogan.com will be for an initial three year period.
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Not For Profit HBF and HCF Reveal Unexpected Merger
Together, HBF and HCF might become the nation's third-biggest health insurer, combining the largest health fund in Western Australia with its East coast competitor. Such a union could create a $4 billion company with a combined 2.5 million customers and 18.5% market share.
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