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.
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?
Basic health insurance cover has recently garnered considerable media attention, with some commentators questions its value. In response we look at the reason why some consumers prefer basic cover, as well as the essential role it plays in the proper functioning of the health insurance market.
Recent news stories have touched on underinsurance and unexpected gaps in cover. How can you avoid these and ensure you have the cover you need?
Private health insurance premiums increase every year, and there’s a very specific process behind it all. Find out how and why this happens.