Premiums up, rebates down, and a new tiered system – what the private health insurance changes mean

This year’s premium increase is small in comparison to previous years – but it still outweighs wage inflation. From shutterstock.comIf you have private health insurance, or are considering getting it, a series of changes coming into effect on April 1 are worth knowing about. These include the annual premium increase, a small decrease in rebates, the introduction of a new tiered system designed to simplify things for consumers, and some premium discounts for young people. This year’s premium increase is quite small compared to recent years, and the reforms are generally sensible. But cost pressures and confusion in private health insurance cannot be fixed overnight. Read more: Is it time to ditch the private health insurance rebate? It’s a question Labor can’t ignore A modest increase

From http://theconversation.com/premiums-up-rebates-down-and-a-new-tiered-system-what-the-private-health-insurance-changes-mean-114086

from
https://healthnews010.wordpress.com/2019/03/29/premiums-up-rebates-down-and-a-new-tiered-system-what-the-private-health-insurance-changes-mean/

from https://karlfletcher.blogspot.com/2019/03/premiums-up-rebates-down-and-new-tiered.html

from
https://karlfletcher1.tumblr.com/post/183787641743

From https://davidrawlins1.blogspot.com/2019/03/premiums-up-rebates-down-and-new-tiered.html

from
https://davidrawlins1.wordpress.com/2019/03/29/premiums-up-rebates-down-and-a-new-tiered-system-what-the-private-health-insurance-changes-mean/