Corporate health insurance can be an effective way of keeping the staff you can’t afford to lose. However, introducing a plan may be complex and challenging, and sometimes doing so can cost more than you’d thought. We have a look at these challenges and suggest solutions.
Two large health funds, HCF and HBF are in talks for a merger. This would make them the third largest fund in Australia, strengthening their position and announcing them as a major player in Australian health insurance. We have a closer look.
The Australian Tax Office will be investigating over 20 million foreign visa holders over the next three years. That means migrants and visitors need to ensure they’re meeting every single visa condition – including relevant tax obligations, super contributions and health insurance.
Health insurance premiums are are set to increase on April 1 and some industry commentators have taken this chance to criticise health funds, labelling them greedy and the increases excessive. Is this really the case, and what’s driving these premium increases?