Private Health Insurance in Australia
|
|
- Vanessa Hart
- 8 years ago
- Views:
Transcription
1 Private Health Insurance in Australia For: Australia & New Zealand Study Tour Canadian College of Health Leaders Sydney, Australia 21 February 2012 By: Shaun Larkin Managing Director HCF
2 Outline Definition Health insurance sector: - snapshot - diagnosis Future directions Examples What does it all mean? Not for publication or distribution 2
3 Definition Industry Commission Report No. 57, Feb 97..a voluntary facility for private funding of hospital care and ancillaries, sitting alongside a compulsory tax-financed public system (Medicare) that is available to all. but..is constrained by regulation designed to pursue similar non-discriminatory access objectives to those in the public sector. Not for publication or distribution 3
4 Why Industry Commission Report No. 57, Feb 97? Not for publication or distribution 4
5 Health fund snapshot then (1997) 40 not for profit funds and 4 for profit funds Covers 2.8m memberships Covers 5.8m lives 31% of the population is covered Annual contribution income is $4.9b 87% of this was paid out in benefits Management fees average 12% Not for publication or distribution 5
6 Post Industry Commission changes 30% Rebate (1999) Lifetime Health Cover (2000) Solvency and Capital Adequacy (2001) Gap Cover (2000) Second Tier Default Benefit (2001) 35% / 40% Rebate (2005) Private Health Insurance Act (2007) Means-testing of 30% Rebate (2012) Not for publication or distribution 6
7 Private Health Insurer snapshot now 27 not for profit funds and 7 for profit funds Covers 4.8m hospital memberships (2.8m) Covers 11.9m lives (5.8m) 45% of the population is covered (31%) Annual contribution income is $15.4b ($4.9b) 85% of this was paid out in benefits (87%) Management fees average 9% (12%) Not for publication or distribution 7
8 Not for publication or distribution 8
9 Private Health Insurance snapshot - now Major funds are: BUPA 2,778k hospital lives Medibank 2,678k HCF 1,249k NIB 752k HBF 671k Rest 2,127k Not for publication or distribution 9
10 Health fund sector diagnosis Industry Commission Report No. 57, Feb 97 It is generally agreed by most participants in the Industry Commission Inquiry that private health insurance is beset by a plethora of problems The most important cost drivers behind premium increases are thus not under the direct control of the funds. They reflect decisions by governments, doctors, patients and hospitals about what treatment occurs, where it takes place and at what price. Not for publication or distribution 10
11 Health fund sector diagnosis: then >>> now declining membership >>> growing since December, 1998 driven by 30% rebate and then in mid-2000 by Lifetime Health Cover (LHC) but relatively flat since end of as a percentage of population adverse selection is increasing: - young and healthy are not entering; and - high users, often the elderly, stay in >>> LHC as of 1 July 2000 Not for publication or distribution 11
12 Health fund sector diagnosis: then >>> now Industry is highly regulated with controls on pricing, rating system, product design, benefit design, prudential standards and reinsurance >>> ongoing incremental change occurring (e.g. reinsurance to risk equalisation) with industry consultation moral hazard continues to be evident >>> better understood and impact lessened by LHC onerous billing and claiming systems for members >>> - simplified billing systems in place - e-commerce developments continuing Not for publication or distribution 12
13 Health fund sector diagnosis: then >>> now unpredictable out of pocket for members >>> no gap developments in hospital now replicated in medical; dental; optical; and others with some success (varying by State; modality; geography) but market research says still a significant issue for many consumers traditional role is that of a passive buyer >>> tendering emerging with difficulty; focus still on buying, albeit smarter, i.e. not just price Not for publication or distribution 13
14 Then >>> now >>> future the right care at the right time at the right price * V = f (Q/C) Q = the right care - variation in practice Q = the right time - need for services C = the right price * Just like Ontario s Action Plan for Health Care Not for publication or distribution 14
15 the right care utilisation review peer review outlier review not draconian practice benchmarking and profiling quality indicators outcome studies EBM, CPGs, clinical pathways Not for publication or distribution 15
16 the right time continuity of care, i.e. the right place member education prevention Primary Secondary My Health Guardian: focused disease/condition programs Not for publication or distribution 16
17 the right price agreed payments (provider networks) bundled services (per diem; per case) benefit design VBID ( aligning incentives to bridge the divide between quality improvement and cost containment - ) waiting periods limits copayments and deductibles exclusions risk sharing trade volume for discount rates Not for publication or distribution 17
18 Then >>> now >>> future Away from : individual; reactive; and sickness based approach reliance on interventions that offer the probability of treatment success segmented and fragmented cost control Not for publication or distribution 18
19 Then >>> now >>> future Towards : population based, health risk management approach using evidence based principles reliance on interventions that offer evidence of benefit system and/or episode cost control Not for publication or distribution 19
20 Then >>> now >>> future Through: collaboration clinician control of clinical matters information to members and providers incentives Not for publication or distribution 20
21 What does it all mean? Private health insurers have limited, but known, options to contain costs and will always look to where most expense is incurred At HCF we will continue to actively seek stronger alliances with our members and efficient, high quality providers by: finding ways to identify them finding ways to reward them Not for publication or distribution 21
22 Not for publication or distribution 22
23 Not for publication or distribution 23
24 References Hospitals Contribution Fund of Australia (HCF) or Private Health Insurance Administration Council (PHIAC) Private Health Insurance Ombudsman (PHIO) Private Health Insurance Industry Commission, Report No. 57; February, (+ Private Health Insurance in Australia: A Case Study (OECD Health Working Paper No.8; October, 2003) European Observatory on Health Systems and Policies The Health Systems in Transition (HiT) profiles are produced by country Not for publication or distribution 24
COMPETITION IN THE AUSTRALIAN PRIVATE HEALTH INSURANCE MARKET
PHIAC Discussion Paper: COMPETITION IN THE AUSTRALIAN PRIVATE HEALTH INSURANCE MARKET Submission by TUH - January 2013 General comments TUH believes that competition is generally good for consumers and
More informationAn easy guide to buying private health insurance.
An easy guide to buying private health insurance. Getting private health insurance for tax a very simple check list 1 To save on tax you need appropriate hospital cover Most hospital covers will qualify
More informationPRIVATE HEALTH INSURANCE
PRIVATE HEALTH INSURANCE Presentation by Paul Collins to 26 March 2009 Disclaimer: The view expressed in this presentation are the views of the author and may not reflect the views of PHIAC Outline of
More informationState of the Health Funds Report
State of the Health Funds Report 2013 This work is copyright. Apart from any use permitted under the Copyright Act 1968, no part may be reproduced without written permission. Requests concerning reproduction
More informationRisk sharing in the Australian private health insurance market
A Risk sharing in the Australian private health insurance market 04 Research Paper 4 June 2015 1 About PHIAC The Private Health Insurance Administration Council (PHIAC) is an independent statutory authority
More informationThe New Private Health Insurance Environment. Gayle Ginnane
The New Private Health Insurance Environment Gayle Ginnane Key Reforms Broader health cover Standards product information Changes to Lifetime Healthcover Risk equalisation Pricing Prudential standards
More informationBBY 2007 Healthcare & Life Sciences Conference nib holdings limited Michelle McPherson, Deputy CEO & CFO
BBY 2007 Healthcare & Life Sciences Conference nib holdings limited Michelle McPherson, Deputy CEO & CFO 4 December 2007 Disclaimer By attending this presentation, you agree that no part of this presentation
More informationPrivateHealth.gov.au Australia s leading independent source of information about private health insurance
PrivateHealth.gov.au Australia s leading independent source of information about private health insurance There are many things to consider when looking into private health insurance how does it all work?
More informationFor details on the results of the study, see OECD (2004), Private Health Insurance in OECD Countries, Paris.
APPENDIX D OVERSEAS EXPERIENCE IN PRIVATE HEALTH INSURANCE Introduction D.1 The healthcare systems in most economies around the world and the roles of private health insurance (PHI) therein are the result
More informationContemporary Issues in Private Health Insurance. Andrew Gale Ben Ooi David Watson
Contemporary Issues in Private Health Insurance Andrew Gale Ben Ooi David Watson 1 Membership trends, financial results & price increases Reports & inquiries into health financing and costs Cost pressures
More informationCANSTAR S GUIDE TO. Choosing health insurance
CANSTAR S GUIDE TO Choosing health insurance AUSTRALIA HAS A TERRIFIC UNIVERSAL HEALTH CARE SYSTEM, CALLED MEDICARE. THIS SYSTEM ENSURES THAT ALL AUSTRALIANS HAVE ACCESS TO FREE HOSPITAL TREATMENT IN THE
More informationHealth Funds- Extras Cover, Singles From Choice Online Health Insurance Comparisons Review (30 Jun 2014)
Health Funds- Cover, Singles Classification Budget Budget Type of cover Single Single Test results Bupa Australia Pty Ltd Bupa Australia Pty Ltd Bronze - Single Active Saver Monthly premium before $22.80
More informationHEALTH INSURANCE HCF FAQs
HEALTH INSURANCE HCF FAQs What benefit is available through Member Advantage? Members receive a 5% discount off all current HCF hospital and extras products. What is the relationship between Member Advantage
More informationPrivate Health Insurance Australia
Private Health Insurance Australia Quarterly Statistics December 2014 Contents Snapshot of the industry......3 Membership and coverage.... 4 Benefits paid..... 6 Service utilisation... 9 Out-of-pocket
More informationCombined limit for Physiotherapy, Chiropractic,
Health Funds- Cover, Couples Classification Type of cover Test results Budget Couple Bupa Australia Pty Ltd Bronze - Couple Monthly premium before rebate ($) $45.60 State QLD Policy Type Features (%) 12
More informationOperations of the Private Health Insurers. Annual Report 2009 10
Operations of the Private Health Insurers Annual Report 2009 10 Operations of the Private Health Insurers Annual Report 2009 10 Report required by section 264 15 of the Private Health Insurance Act 2007
More informationAdventures in Health Risk
Adventures in Health Risk A History of Australian Health Insurance Andrew Gale David Watson Outline Origins of health insurance A changing landscape Today s health risk takers Births, Marriages, Divorces
More informationPrivate Health Insurance Australia
Private Health Insurance Australia Quarterly Statistics March 2015 Contents Snapshot of the industry......3 Membership and coverage.... 4 Benefits paid..... 6 Service utilisation... 9 Out-of-pocket payments..
More informationCombined limit for Physiotherapy, Chiropractic,
Funds- Cover, Families From Choice Online Insurance Comparisons Review (30 Jun 2014) Classification Type of cover Budget Family Bupa Australia Pty Ltd Bronze - Family Monthly premium before rebate ($)
More informationHow To Understand The Growth In Private Health Insurance
COMPETITION IN THE AUSTRALIAN PRIVATE HEALTH INSURANCE MARKET Page 1 of 11 1. To what extent has the development of different markets in the various states had an impact on competition? The development
More informationInformation and informed decision-making
ACCC Report Information and informed decision-making A report to the Australian Senate on anti-competitive and other practices by health insurers and providers in relation to private health insurance For
More informationSTATE OF THE HEALTH FUNDS REPORT 2011
State of the Health Funds Report 2011 Private Health Insurance Ombudsman STATE OF THE HEALTH FUNDS REPORT 2011 Relating to the financial year 2010-11 Report required by 238-5(c) of the Private Health Insurance
More informationPrivate Health Insurance. An appointed actuary
Private Health Insurance An appointed actuary Background PHIAC - Private Health Insurance Administration Council Independent Statutory Authority Health Insurance Regulator Established in 1989 under the
More informationState of the Health Funds Report
State of the Health Funds Report 2 010 An independent assessment of the comparative performance and service delivery of Australia s private health insurance providers. Private Health Insurance Ombudsman
More informationThis is a licensed product of Ken Research and should not be copied
1 TABLE OF CONTENTS 1. Asia-Pacific Insurance Industry 1.1. Industry Introduction 1.2. Asia-Pacific Insurance Market Size by Direct Written Premium, 2005-2012P 1.3. Asia-Pacific Insurance Market Segmentation
More informationWhat Price Health? Private Health Insurance cost pressures and product pricing. Prepared by Andrew P Gale
Private Health Insurance cost pressures and product pricing Prepared by Andrew P Gale Presented to the Institute of Actuaries of Australia 2005 Biennial Convention 8 May 11 May 2005 This paper has been
More informationChapter 11 SUPPLEMENTARY FINANCING OPTION (4) VOLUNTARY PRIVATE HEALTH INSURANCE. Voluntary Private Health Insurance as Supplementary Financing
Chapter 11 SUPPLEMENTARY FINANCING OPTION (4) VOLUNTARY PRIVATE HEALTH INSURANCE Voluntary Private Health Insurance as Supplementary Financing 11.1 Voluntary private health insurance includes both employer
More informationPrivate Health Insurance Australia
Private Health Insurance Australia Quarterly Statistics September 2014 Contents Snapshot of the industry..... 3 Membership and coverage.... 4 Benefits paid..... 6 Service utilisation... 9 Out-of-pocket
More informationThe facts. Private health insurance.
The facts. Private health insurance. Fact. The rebate on private health insurance reduces pressure on public health spending. Private healthcare is funded through a combination of private health insurance
More informationActuaries Institute submission to the Private Health Insurance Review
7 December 2015 The Hon Sussan Ley MP Minister for Health Parliament House CANBERRA ACT 2600 Email: PHIconsultations2015-16@health.gov.au Dear Minister Actuaries Institute submission to the Private Health
More informationour e PHI PHI David Torrance Torrance
T Tour de d PHI David Torrance 29 November 2013 Some observations, thoughts, questions 1 Community Rating Not defined explicitly but is the backbone of Australian health insurance Consistent with the funding
More informationPrivate Health Insurance Premium Change Process: A Review
Private Health Insurance Premium Change Process: A Review Dr David Charles, Director, Insight Economics July 2011 Special Note: The objective of the Australian Centre For Health Research Limited (ACHR)
More informationPRIVATE HEALTH INSURANCE OMBUDSMAN. State of the Health Funds Report
2014 PRIVATE HEALTH INSURANCE OMBUDSMAN State of the Health Funds Report Private Health Insurance Ombudsman State of the Health Funds Report 2014 Relating to the financial year 2013 14. Report required
More informationContemporary Issues in Private Health Insurance. Health Practice Committee: Andrew Gale Ben Ooi
Contemporary Issues in Private Health Insurance Health Practice Committee: Andrew Gale Ben Ooi Outline A new insurer Trends Private Health Insurance Act 2007 Broader Health Cover Appointed Actuary role
More informationRe: Inquiry into the Private Health Insurance Legislation Amendment (Base Premium) Bill 2013
Committee Secretary Senate Standing Committees on Community Affairs PO Box 6100 Parliament House Canberra ACT 2600 Email: community.affairs.sen@aph.gov.au Dear Dr Holland Re: Inquiry into the Private Health
More informationPORTABILITY, SWITCHING AND COMPETITION IN THE AUSTRALIAN PRIVATE HEALTH INSURANCE MARKET
PORTABILITY, SWITCHING AND COMPETITION IN THE AUSTRALIAN PRIVATE HEALTH INSURANCE MARKET Premiums and Competition Unit DP 2 Discussion Paper Disclaimer 31 July 2013 This is a discussion paper whose purpose
More informationGeorge Savvides Managing Director
George Savvides Managing Director Macquarie Australia Conference, 8 May 2015 IMPORTANT NOTICE The information contained in this presentation is for information purposes only. The information contained
More informationTimeline: Key Feature Implementations of the Affordable Care Act
Timeline: Key Feature Implementations of the Affordable Care Act The Affordable Care Act, signed on March 23, 2010, puts in place health insurance reforms that will roll out incrementally over the next
More informationCommunity Rating More Trouble Than Its Worth?
Community Rating More Trouble Than Its Worth? Prepared by Jamie Reid, Ashish Ahluwalia and Sonia Tripolitano Presented to the Actuaries Institute Actuaries Summit 20-21 May 2013 Sydney This paper has been
More informationRURAL DOCTORS ASSOCIATION OF AUSTRALIA. Submission to the Private Health Insurance Consultation
RURAL DOCTORS ASSOCIATION OF AUSTRALIA Submission to the Private Health Insurance Consultation Via email: PHI Consultations 2015-16 Contact for RDAA: Jenny Johnson Chief Executive Officer Email: ceo@rdaa.com.au
More informationSubmission to the. Australian Government s Competition Policy Review
Submission to the Australian Government s Competition Policy Review June 2014 Introduction The Australian Healthcare & Hospitals Association (AHHA) welcomes the opportunity to provide a submission as part
More informationPrivate Health Improvements.
Private Health Improvements. Australia s health system is one of the best in the world a unique mix of public and private health care designed to make sure all Australians are well covered for their needs.
More informationHealth Insurance. 116 PwC
Health Insurance 116 PwC 4 Introduction Andrew McPhail 118 4.1 Statistics 120 4.2 Key developments in 2010/11 122 4.3 Regulation and supervision 124 4.4 Solvency and capital adequacy 127 4.5 Governance
More informationKey Features of the Affordable Care Act, By Year
Page 1 of 10 Key Features of the Affordable Care Act, By Year On March 23, 2010, President Obama signed the Affordable Care Act. The law puts in place comprehensive health insurance reforms that will roll
More informationHOUSE OF REPRESENTATIVES STANDING COMMITTEE ON HEALTH AND AGEING INQUIRY INTO HEALTH FUNDING
SuDmissm NO. e~2~[c~ ~ Australian Government Private Health Insurance Ombudsman HOUSE OF REPRESENTATIVES STANDING COMMITTEE ON HEALTH AND AGEING INQUIRY INTO HEALTH FUNDING PHIO CASE STUDIES The following
More informationHealth after Lifetime Health Cover. Recent Health Insurance Experience
Recent Health Insurance Experience Andrew P Gale, BSc, ASIA, ASA, FIAA Alan Brown, BA, MSc, DipEd, AIA, FIAA Presented to: The Institute of Actuaries of Australia 2003 Biennial Convention Shaping the Future:
More informationHealth fund arrangements to cover the gap
Australia s health system offers a comprehensive range of public and privately funded health services. You can choose whether to have Medicare cover only or a combination of Medicare and private health
More informationHow To Promote Private Health Insurance In Korea
Institute for Economic Research and Policy Consulting in Ukraine German Advisory Group on Economic Reform Reytarska 8/5-A, 01034 Kyiv, Tel. (+38044) 278-6342, 278-6360, Fax 278-6336 E-mail: institute@ier.kiev.ua,
More informationKnow your rights and responsibilities as a private patient in hospital. Private Patients Hospital Charter
Know your rights and responsibilities as a private patient in hospital Private Patients Hospital Charter Commonwealth of Australia 2004 ISBN 0 642 82235 2 This work is copyright. Apart from any use as
More informationStatistics. Private Health Insurance Quarterly Statistics. June 2015 (issued 18 August 2015)
Statistics Private Health Insurance Quarterly Statistics June 2015 (issued 18 August 2015) www.apra.gov.au Australian Prudential Regulation Authority Contents Snapshot of the industry......3 Membership
More informationBETTER INFORMATION LEADS TO BETTER PRIVATE HEALTH INSURANCE DECISIONS
MEDIA RELEASE 24 November 2010 BETTER INFORMATION LEADS TO BETTER PRIVATE HEALTH INSURANCE DECISIONS Australia s leading independent source of information about private health insurance Privatehealth.gov.au,
More informationPeoplecare. Onemedifund Health Fund Managers managers
Webinar Peoplecare Onemedifund Health Fund Managers managers AGENDA 1. Why have private health insurance? 2. What are the effects of recent Tax changes? 3. Why is it important to maintain health insurance
More informationCoalition Senators' Dissenting Report
Summary Coalition Senators' Dissenting Report It is clear from the evidence that the Lifetime Health Cover initiative has been successful in encouraging people to purchase hospital cover earlier in life
More informationPrivate Health Insurance Ombudsman State of the Health Funds Report 2012 Relating to the financial year 2011 12
Private Health Insurance Ombudsman State of the Health Funds Report 2012 Relating to the financial year 2011 12 Report published by the Private Health Insurance Ombudsman This work is copyright. Apart
More informationRebate Indexation Increases Public Health Sector Costs
tht 11 th June 2013 Rebate Indexation Increases Public Health Sector Costs Government legislation to index the Private Health Insurance Rebate to the CPI will result in a decline in membership, higher
More informationREGULATION OF PRIVATE HEALTH INSURANCE PRICING
REGULATION OF PRIVATE HEALTH INSURANCE PRICING REPORT BY ACCESS ECONOMICS PTY LIMITED FOR CHALLENGER FINANCIAL SERVICES GROUP NOVEMBER 2005 TABLE OF CONTENTS EXECUTIVE SUMMARY i 1. INTRODUCTION 1 2. THE
More informationWe re the only brand that has a range of smart covers with no individual limits on Extras helping you
ahm s number one focus is helping over 370,000 members make the most of their cover, by taking a no-nonsense approach to health insurance, cutting out unnecessary costs and offering more choice. ahm is
More informationAn economic assessment. of the Private Health Insurance system. Prepared by. Econtech Pty Ltd. September 2008 ACHR
An economic assessment of the Private Health Insurance system Prepared by Econtech Pty Ltd September 2008 ACHR AUSTRALIAN CENTRE FOR HEALTH RESEARCH AUSTRALIAN CENTRE FOR HEALTH RESEARCH LTD ABN 87 116
More informationRegulation of Private Health Insurance by the Private Health Insurance Administration Council
The Auditor-General Audit Report No.20 2005 06 Performance Audit Australian National Audit Office Commonwealth of Australia 2005 ISSN 1036 7632 ISBN 0 642 80879 1 COPYRIGHT INFORMATION This work is copyright.
More informationShould Private Health Insurers be More Competitive?
d finitive [ private health insurance ] Federal budget announcement. MAY 2012 Should Private Health Insurers be More Competitive? The government will establish PACU the Private Health Insurance Premiums
More informationAcquisition of TOWER Medical Insurance (NZ) 2 November 2012
Acquisition of TOWER Medical Insurance (NZ) 2 November 2012 1 Transaction highlights Transaction overview nib holdings has agreed to acquire 100% of TOWER Medical Insurance Limited for approximately NZ$102
More informationThe New Private Health Insurance Environment
The New Private Health Insurance Environment Prepared by Gayle Ginnane Presented to the Institute of Actuaries of Australia Biennial Convention 23-26 September 2007 Christchurch, New Zealand This paper
More informationCompulsory Health Insurance: Should government still be the health insurer of first resort?
Compulsory Health Insurance: Should government still be the health insurer of first resort? Prepared by Matthew Crane, Kris McCullough, Jamie Reid and Collin Wang Presented to the Actuaries Institute Actuaries
More informationReport to the Australian Senate on anti-competitive and other practices by health funds and providers in relation to private health insurance
Report to the Australian Senate on anti-competitive and other practices by health funds and providers in relation to private health insurance For the period 1 July 2009 to 30 June 2010 Report to the Australian
More informationPortability, switching and competition in the Australian private health insurance market
Private Health Insurance Administration Council Portability, switching and competition in the Australian private health insurance market 02 Research Paper 2 June 2015 1 About PHIAC The Private Health Insurance
More informationHealth Commission Final Report - Major Changes for Private Health Insurers
Health Commission Final Report - Major Changes for Private Health Insurers The National Health and Hospitals Reform Commission (NHHRC) recently produced its final report. While much of the content of the
More informationPrivate health insurance premium increases an overview
Parliament of Australia Department of Parliamentary Services Parliamentary Library Information, analysis and advice for the Parliament BACKGROUND NOTE www.aph.gov.au/library Private health insurance premium
More informationInsure? Not sure? Upon request, PHIAC will produce a copy of this brochure in a language other than English.
Insure? Not sure? Australia s health system offers a comprehensive range of public and privately funded health services. You can choose whether to have Medicare cover only or a combination of Medicare
More informationHIRMAA SUBMISSION. to the. Review of Australia s future tax system
HIRMAA SUBMISSION to the Review of Australia s future tax system Health Insurance Restricted Membership Association of Australia Level 2, 826 Whitehorse Road, Box Hill, Victoria, 3128 Telephone : 03 9896
More information2019 Healthcare That Works for All
2019 Healthcare That Works for All This paper is one of a series describing what a decade of successful change in healthcare could look like in 2019. Each paper focuses on one aspect of healthcare. To
More informationHealth Insurance Reform at a Glance Implementation Timeline
Health Insurance Reform at a Glance Implementation Timeline 2010 Access to Insurance for Uninsured Americans with a Pre-Existing Condition. Provides uninsured Americans with pre-existing conditions access
More informationStrengthening Community Health Centers. Provides funds to build new and expand existing community health centers. Effective Fiscal Year 2011.
Implementation Timeline Reflecting the Affordable Care Act 2010 Access to Insurance for Uninsured Americans with a Pre-Existing Condition. Provides uninsured Americans with pre-existing conditions access
More informationSTAR RATINGS REPORT. Health Insurance
2015 STAR RATINGS REPORT Health Insurance Health Insurance September 2015 Foreword CANSTAR s Health Insurance Star Ratings is the largest of our suite of ratings and awards. That is based on the sheer
More informationHow To Increase Hospital Insurance Premium In Nsw
06 August 2009 Mr David Kalisch Commissioner, Hospital Studies Productivity Commission Locked Bag 2, Collins Street East Melbourne Vic 8003 Australian Unity s Submission: Productivity Commission Issues
More informationFACT SHEET GREATER CHOICE IN PRIVATE HEALTH INSURANCE PRODUCTS
FACT SHEET GREATER CHOICE IN PRIVATE HEALTH INSURANCE PRODUCTS More choice in health insurance From April 2007, private health funds will be able to offer broader health insurance. This means funds will
More informationPrivate Health Insurance in OECD Countries
1 Private Health Insurance in OECD Countries Francesca Colombo & Nicole Tapay http://www.oecd.org/health click on OECD Health Project, then on Private Health Insurance Purpose of the Study Assess the role
More informationTHE INDUSTRY COMMISSION S REPORT AUSTRALIA ON PRIVATE HEALTH INSURANCE IN
THE INDUSTRY COMMISSION S REPORT ON PRIVATE HEALTH INSURANCE IN AUSTRALIA *DU\%DQNV Keynote address to the Conference The White Paper on PMI Looking to the Future, Centre for Insurance Studies, University
More informationCentre for Efficiency and Productivity Analysis
Centre for Efficiency and Productivity Analysis Working Paper Series No. WP04/2008 Title Regulation of Private Health Insurance Premiums: Can Performance Assessment Play a Greater Role? Authors Roger Carrington,
More informationPrivate Health Insurance and Hearing Health
Private Health Insurance and Hearing Health Audiological Benefits provided by the Private Health Funds in Australia 2013 edition Private Health Insurance and Hearing Health Audiological Benefits provided
More informationContemporary Issues in Private Health Insurance. An industry discussion
0 Contemporary Issues in Private Health Insurance An industry discussion 1 Today s speakers Andrew Matthews, Medibank First Impressions Indula Abeykoon, BUPA Customer Migration Bronwyn Hardy, Teachers
More informationObama Administration Record on Health Care
Obama Administration Record on Health Care Today, two years after we passed health care reform, more young adults have insurance, more seniors are saving money on their prescription drugs, and more Americans
More informationWe welcome the opportunity to make a submission to the National Commission of Audit.
26 November 2013 National Commission of Audit Commonwealth Government of Australia Email: submissions@ncoagov.au Dear Commission nib health funds limited (nib) We welcome the opportunity to make a submission
More informationRoundtable to mark the 30 th Anniversary of Medicare
Roundtable to mark the 30 th Anniversary of Medicare Shaun Gath, CEO, PHIAC Australian Healthcare and Hospitals Association Old Parliament House, Canberra, 30 January 2014 Thank you for the opportunity
More informationOpen Enrollment Benefits 2015 2016 August 1 _ 31, 2015. Wylie ISD
Open Enrollment Benefits 2015 2016 August 1 _ 31, 2015 Wylie ISD Medical/Rx Plan Changes ActiveCare 1 HD Comparison Plan Feature 2014 2015 Plan Year 2015 2016 Plan Year Individual Out of Pocket Max Family
More informationMassachusetts Health Connector logo. What Does National Health Care Reform Mean for You?
Massachusetts Health Connector logo What Does National Health Care Reform Mean for You? 1 National health care reform offers more opportunities for individuals, families, and small businesses to save on
More informationDID YOU KNOW? IMPORTANT INFORMATION
i DID YOU KNOW? IMPORTANT INFORMATION Why Medibank? Medibank is more than just about insuring your health. We have the people, services and resources to be your personal health partner, helping you to
More informationReport to the Australian Senate on anti-competitive and other practices by health funds and providers in relation to private health insurance
Report to the Australian Senate on anti-competitive and other practices by health funds and providers in relation to private health insurance For the period 1 July 2007 to 30 June 2008 Report to the Australian
More informationPresentation to PHIAC Education Sessions. December 2009. Samantha Gavel, Private Health Insurance Ombudsman
Presentation to PHIAC Education Sessions December 2009 Samantha Gavel, Private Health Insurance Ombudsman Role of the Private Health Insurance Ombudsman To provide participants in private health with a
More informationADVANTAGE OVERSEAS STUDENT HEALTH COVER BUPA. FIND A HEALTHIER YOU
ADVANTAGE OVERSEAS STUDENT HEALTH COVER BUPA. FIND A HEALTHIER YOU At Bupa, it s our purpose that makes us different helping our members to live longer, healthier, happier lives. We focus on your health,
More informationBarriers to entry in the Australian private health insurance market
Barriers to entry in the Australian private health insurance market 03 Research Paper 3 June 2015 1 About PHIAC The Private Health Insurance Administration Council (PHIAC) is an independent statutory authority
More informationPRINCIPAL DEPUTY ADMINISTRATOR, DEPUTY ADMINISTRATOR FOR INNOVATION AND QUALITY, AND CHIEF MEDICAL OFFICER, CENTERS FOR MEDICARE & MEDICAID SERVICES
STATEMENT OF PATRICK CONWAY, MD, MSc ACTING PRINCIPAL DEPUTY ADMINISTRATOR, DEPUTY ADMINISTRATOR FOR INNOVATION AND QUALITY, AND CHIEF MEDICAL OFFICER, CENTERS FOR MEDICARE & MEDICAID SERVICES ON EXAMINING
More information791 - TRANSACTING PRIVATE MEDICAL INSURNACE SYLLABUS 2006
791 - TRANSACTING PRIVATE MEDICAL INSURNACE SYLLABUS 2006 Objective : To provide a knowledge and understanding of the principles and practices of transacting private medical insurance business and the
More informationThe Special Case of Health Insurance By William C. Wood
By William C. Wood Health insurance is like other insurance in that premiums are collected and payments are made but it s also very different because health care is so personal. Health insurance has been
More informationE-Business Professionals Exercise
CHANGES REGISTER PERSONAL INFORMATION Member Name: Your Signature: CHANGE OF NAME Former Name: CHANGE OF EMAIL Former email: CHANGE OF MOBILE NUMBER Former Mobile Number: CHANGE OF HOME LANDLINE Former
More informationReport to the Australian Senate on anti-competitive and other practices by health funds and providers in relation to private health insurance
Report to the Australian Senate on anti-competitive and other practices by health funds and providers in relation to private health insurance For the period 1 July 2008 to 30 June 2009 Report to the Australian
More informationPRICING AND FINANCIAL PROJECTIONS FOR PRIVATE HEALTH INSURERS
PRACTICE GUIDELINE 699.01 PRICING AND FINANCIAL PROJECTIONS FOR PRIVATE HEALTH INSURERS September 2012 INDEX 1. INTRODUCTION 3 1.1 Application 3 1.2 Classification 3 1.3 Background 3 1.4 Purpose 3 1.5
More informationPRIVATE HEALTH INSURANCE AND HEARING HEALTH AUDIOLOGICAL BENEFITS PROVIDED BY THE PRIVATE HEALTH FUNDS IN AUSTRALIA
PRIVATE HEALTH INSURANCE AND HEARING HEALTH AUDIOLOGICAL BENEFITS PROVIDED BY THE PRIVATE HEALTH FUNDS IN AUSTRALIA & 2015 EDITION Private Health Insurance and Hearing Health Audiological Benefits provided
More informationOVERSEAS STUDENT HEALTH COVER BUPA. FIND A HEALTHIER YOU
OVERSEAS STUDENT HEALTH COVER BUPA. FIND A HEALTHIER YOU At Bupa, it s our purpose that makes us different helping our members to live longer, healthier, happier lives. We focus on your health, so you
More informationAs of January 1, 2014, most individuals must have some form of health coverage, or pay a penalty to the federal government.
Consumer Alert Health Insurance for 2014: What You Need to Know Before You Enroll (Individuals) As of January 1, 2014, most individuals must have some form of health coverage, or pay a penalty to the federal
More informationHealth Policy 201 private health insurance. Ellen Andrews, PhD CT Health Policy Project Fall 2011
Health Policy 201 private health insurance Ellen Andrews, PhD CT Health Policy Project Fall 2011 How does private health insurance work? Employer pays set monthly premiums to insurance company for each
More information