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Government’s Cash Grab May Cost Members of Medibank Private $195 Each

Some sectors believe that the members of Medibank Private are at a disadvantage by potentially losing various benefits including premium reductions priced at $195 for each insured with the health fund. This comes after the Federal Government has puts its hands in the coffers of the fund at a whopping tune of $300 million. This [...]

Government Puts Its Hands On the Coffers of Health Insurance Funds

The Labor party is receiving a lot of criticisms as it unveils its plan to get a special $300 million one-off dividend out of the coffers of health insurer, Medibank Private. The money as explained by Treasurer Wayne Swan will be used to finance the lection promises by Julia Gillard. The usual practice of political [...]

Rising Cost of Private Health Insurance Affecting Families

For families to have private health coverage, they need to pay as much as $150 to $200 or more every year. Premiums of private health insurance are rising by an average rate of 5.78% starting last April 1. In fact, Medibank Private, Australia’s biggest insurance provider company increased its premium by as much as 5.74%. [...]

Using Private Health Insurance In Public Hospitals

Many people do not wish to utilize their private health insurance if they are brought to public hospitals. In turn, the public health system is losing revenues of an estimated $14 to $31 million a year. The figure varies depending on the hospital-attendance data that were used in the computation. Many of those who refused [...]

Health Care Debacle In Public Hospitals

The public hospital system in the country is in serious trouble, unable to provide good services and immediate care to those in need. It calls for urgent reforms so that public hospitals will be able to give medical attention to those in need. Just recently, Medibank Private announced that they will opening clinic that [...]

A 5.78% Increase In Private Health Insurance Premiums

Due to your hectic schedule, you were still unable to get a health insurance for you and your family, you can no longer afford to delay it. Beginning April this year, the premiums of private health insurance will increase by an average of 5.78%. This increase is believed to be lower than what the health [...]

The Intricacies of Health Insurance Claims

It is expensive to get sick, and that health is wealth. This may sound too cliché, but they are correct. Health insurance is very important especially during those times when our health fails us. Our fast-paced lifestyle is proving detrimental to our physical well-being. Stress is a major factor why more and more people are [...]

Access to Basic Health Care is Provided to Australians Travelling Abroad

Many are not aware that the Australian government has signed and approved the “Reciprocal Health Care Agreements” with various countries. This will ensure that Australians travelling abroad especially in countries who similarly signed the agreement will get free health care from government-owned medical facilities. It is a common knowledge that travelling without the security of [...]

Cheap Health Insurance: Important Criteria To Remember Before Buying One

You are starting it right if you are thinking of getting health insurance for yourself and your family. The one thing that may be bothering you is how to get a health insurance that is affordable enough, in other words, cheap but with good coverage for you. Is there such a thing in the present [...]

Pre-Existing Medical Conditions and Health Insurance: What You Should Know

The term pre-existing medical conditions would always be found in most health insurance policies. This simply refers to you having health-related illnesses like a heart condition, diabetes and other similar types of illnesses. Sad to say, you are a high risk case for most insurance companies to take in. Fortunately, you may now have a [...]