New data from the Australian Tax Office shows that the number of people being charged the Medicare Levy Surcharge (MLS) has almost quadrupled over 6 years. Data found 768,537 Aussies paid the MLS in the 2022-23 financial year, up from 196,807 in 2017. An article in The Australian says the increase is due to rising...
Australians treated with natural therapies may soon be able to claim rebates on Extras Cover. Following a review completed last year, the government has reinstated 7 of the 16 natural therapies that were removed from private health insurance cover in 2019. The health insurance industry is now developing framework to cover: Private Healthcare Australia, the...
Bupa members who had Hospital Cover claims rejected between 1 May 2018 and 31 August 2023 may be entitled to compensation. The health insurer has announced it incorrectly rejected “mixed coverage” claims – claims for 2 or more treatments at a time – and certain other types of claims during this period. Bupa has apologised...
Members of Teachers Health and TUH are about to become part of the sixth largest health insurer in Australia. The two not-for-profit insurers have announced they will merge next week on 1 July, forming a combined insurer that will cover 500,000 people, Teachers Health said. TUH said the merger will bring some small benefits to...
Australians uncertain about whether or not to get health insurance could find the decision a little easier next week, as of 1 July. Those who don’t have Hospital Cover and earn over a certain income threshold get charged the Medicare Levy Surcharge at tax time – a levy of between 1% and 1.5%. For some...
Australians are claiming on private health insurance more than ever, new data shows. The latest figures from APRA (Australian Prudential Regulation Authority), which regulates the health insurance industry, show that insurers paid $18.9 billion in Hospital Cover claims for the 12 months ending 31 March 2025 – an increase of 6.9%. For Extras Cover claims,...
Healthscope private hospitals remain open for surgeries and treatments, despite the organisation going into receivership this week. Some Australians with Hospital Cover were concerned that private hospital treatment could be harder to access in the wake of the Healthscope collapse, but the organisation said its hospitals will remain open for treatments. Healthscope – which operates...
The government has announced it will investigate health insurers for using a loophole to raise their prices. In December last year, Minister of Health Mark Butler warned health insurers to stop ‘phoenixing’ policies after a Commonwealth Ombudsman report brought the practice to light. By law, health insurers can only raise prices once a year, but...
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So, you’ve taken a look at your health insurance policy and have decided it’s not right for you. Maybe it doesn’t fit your budget, or maybe it’s not meeting your healthcare needs any longer. Whatever the reason you have to switch, we’re here to help you with changing health insurance, without the headaches. Should I...
If you’re thinking about changing health insurers, we’ve got your back. You can change your policy and insurer whenever you like, and your right to do so is protected under the Private Health Insurance Act 2007. That means you can change insurers without being penalised, although you may have to serve new waiting periods on...
You might change your wardrobe every season, and might also switch jobs on a regular basis. But when it comes to health insurance, most Aussies are a little resistant to change. In a 2021 University of Melbourne study of health insurance habits, researchers noted that once people choose a health insurance policy, they tend to...
If you’re aged 60-plus, you might be hearing a few more creaks and groans from your body than you used to, and you may be finding yourself attending more medical appointments than in previous years. For that reason, you might be considering getting private health insurance. And if you already have health cover, you may...
Most Australians have tried a diet at some point in their lives, which means many have discovered that crash dieting and programs which promise quick results are rarely successful in the long term. According to the Australian Bureau of Statistics (ABS) data, more than 2.3 million Australians over the age of 15 were on a...
With many Australian households under financial pressure, you might be wondering whether you should ditch your health insurance to save money. Before you take that step, there’s an option you may not have considered: taking a break from your health insurance. It’s a little-known fact that health insurers allow you to hit pause on your...
Whether you’re reading this because the cost of health insurance in Australia has gone up or you just want general advice to save money on health insurance, we’re here to help. We’ve compiled a list of 5 common health insurance mistakes made by Australians… Mistake #1 – setting and forgetting Many Aussies take out a...
Have you been notified by your health insurer about a premium price rise? The timing is not convenient given we’re in a cost of living crisis, but unfortunately health insurance is one of those expenses that’s likely to change every year, despite what’s happening with the economy. In this article, we explain why health insurance...