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.
Ipsos's latest survey of around 1,000 individuals aged 18 and over found that 40 per cent were concerned about health care. As a sample group of the whole population, this percentage represents around 9 million Australians worried about their well-being and how they will be treated if they were to fall foul of illness or injury.
The biggest concern for over 50s
Some groups were more concerned than others. While most 18-49 year olds considered the economy their biggest threat, more than half (51 per cent) of people over 50 years old said that health was their single biggest concern.
With Lifetime Health Cover (LHC) causing the costs of health insurance to rise considerably for over 30s, the older demographic have a real reason to be concerned over their treatment options should they require health care assistance.
When taking out private health insurance for the first time, a 50-year-old would pay 40 per cent more than a person purchasing health cover in their 30s – a major concern for the middle generation looking at their ability to protect themselves financially and medically.
Rural health care concerns
Some regions consider health care to be their highest-ranked concern. Rural places in particular consider health care concerns their highest priority, with access to hospitals and medical services a potential factor.
Victoria was pointed out in the Ipsos report as an area largely prioritising health care above other issues. Medical concerns were a worry for 44 per cent of the state's population, with unemployment a whole 6 percentage points lower and in second place. Regional Victoria showed even more concern over health care, with the figure rising to 49 per cent in rural areas.
Reducing health insurance costs
Health insurance costs are no doubt a major contributor to these statistics. Not only does it somewhat dictate the level of medical care, a number of extras, such as optical and dentistry, rely on having the correct health insurance package.
Almost one-quarter of Australian's ranked the cost of living as a major concern in the country today. Comparing health insurance rates is a great way to save money and adapt your level of insurance cover to meet your needs.
Insurance brokers are able to help you in an honest and professional manner. For expert health insurance advice, contact HICA.