Oz Blog News Commentary

Health insurance doom loop accelerates

August 21, 2019 - 11:30 -- Admin

Via the ABC: The percentage of Australians with basic hospital cover has dropped to its lowest level in more than a decade, as almost 30,000 people dumped their policies in just three months. The latest Australian Prudential Regulation Authority (APRA) data shows health premiums are still rising faster than wages, and out-of-pocket costs are continuing

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