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Private health insurance

July 2024

  • Signage outside St Vincent's private hospital in Melbourne

    What it means for patients if St Vincent’s and NIB fail to reach a funding deal

  • General view of signage on the exterior of the St Vincent's Private Hospital in Melbourne

    Thousands of patients facing healthcare price hikes after negotiations break down between St Vincent’s and NIB

March 2024

  • Mark Butler

    Private health insurers announce premium rises after Albanese government approves increases

    Mark Butler says premiums will rise by 3.03% on average, as some providers outline larger increase

February 2024

  • Showing the yearly percentage change in the Consumer Price Index (CPI), the health and insurance sub-groups of CPI.

    Datablog
    Why insurance premiums are squeezing Australians and fuelling inflation

    Insurance increases are in the double digits and while costs have been rising, some insurers are increasing their margins

December 2023

  • Supplied undated image obtained Wednesday, August 30, 2017 of medical professionals using robotics during surgery at the Ramsay Health Care-operated Greenslopes Private Hospital in Brisbane. Ramsay Health Care has lifted full-year net profit 8.6 per cent to $488.9 million on the back of growth in admissions and procedural volumes across the company's Australian business. The country's largest private hospital operator said revenue from services for the year to June 30 grew marginally, up 0.2 per cent, to $8.7 billion, from $8.68 billion a year ago. (AAP Image/Ramsay Health Care) NO ARCHIVING, EDITORIAL USE ONLY

    Australian health insurers earn $1.3bn more in surplus than two years ago, report shows

    Australian Medical Association study also shows $500 difference in benefits between insurers for identical procedures

December 2022

  • The Australian Medical Association Private Health Insurance Report Card found the proportion of people with hospital insurance rising from 43.6% in June 2020 to 45.2% by June 2022

    Younger Australians increasingly taking out private health insurance despite cost-of-living pressures

    Report finds variation of up to $700 in rebates paid to patients of different funds undergoing same procedure by same doctor in same hospital

November 2022

  • Medibank

    Medibank says it won’t pay ransom for customer data stolen in cyber-attack

    ‘Limited chance’ such a move would result in return of data or prevent it being published, health insurer chief says

June 2021

  • A doctor checks the blood pressure of a patient

    Doctors fear new health services buying group will create ‘US style’ care in Australia

    Supporters say Honeysuckle Health’s buying group, partly owned by nib, may lead to more choice, but AMA warns of poorer care

May 2021

  • private hospital

    Australia’s private health insurance industry in a ‘death spiral’, report says

    Grattan Institute report says industry asking federal government for support could not continue and underlying problems such as ageing population and rising healthcare costs need to be addressed

July 2020

  • Medibank building

    Medibank and Bupa dispute Choice claim they 'failed' Australians during Covid-19

    Consumer group found two largest insurers were not transparent about hardship policies, but insurers dub scorecard ‘publicity stunt’

June 2020

  • Health insurance can be confusing – illustration of healthcare and computers

    How to handle your private health insurance – in one afternoon a year

    If you turned 31 this year, you have until 1 July to avoid a fee loading on private health cover, but experts say there’s no need to panic-buy

May 2020

  • hospital bed

    More trouble for private health funds after financial markets crashed due to coronavirus

  • Dr Teresa Anderson, chief executive of the Sydney Local Health District, at the RPA Virtual Hospital, which opened just before Covid-19 was declared a pandemic.

    Life after lockdown
    'The genie is out of the bottle': telehealth points way for Australia post pandemic

April 2020

  • A hospital ward at Liverpool Hospital, Sydney on Tuesday, June 11, 2013. (AAP Image/Dan Himbrechts) NO ARCHIVING ozstock

    Australia's private health funds say they will return any 'abnormal' coronavirus profits to members

  • Supplied undated image obtained Wednesday, August 30, 2017 of medical professionals using robotics during surgery at the Ramsay Health Care-operated Greenslopes Private Hospital in Brisbane. Ramsay Health Care has lifted full-year net profit 8.6 per cent to $488.9 million on the back of growth in admissions and procedural volumes across the company’s Australian business. The country’s largest private hospital operator said revenue from services for the year to June 30 grew marginally, up 0.2 per cent, to $8.7 billion, from $8.68 billion a year ago. (AAP Image/Ramsay Health Care) NO ARCHIVING, EDITORIAL USE ONLY

    Australia's private health funds could reap windfall from coronavirus – report

March 2020

  • Emergency signage is seen at Royal North Shore Hospital

    Private health sector's claim of closure after coronavirus elective surgery shutdown is 'disingenuous'

    Health analysts say the private hospital sector should not receive financial relief until they are called to assist with the coronavirus

February 2020

  • First Dog on the Moon

    First Dog on the Moon
    Private health insurance is in crisis! Help help

    First Dog on the Moon
  • Human blood in a plastic intravenous drip bag,

    Only three private health funds will be viable in two years, Australian regulator warns

December 2019

  • Medibank stock image

    Up to 60% of Australians will drop private health by 2030 without reform, report finds

    Grattan Institute report recommends allowing insurers to charge younger people less than older people for the same level of coverage

November 2019

  • Stock image of doctors operating

    'Greedy specialists' charging exorbitant fees a major cause of private health's strife

    Industry will continue its death spiral unless costs in ‘inefficient private hospitals’ are reined in, says Grattan Institute report
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