dailyhealthstudy
dailyhealthstudy
@dailyhealthstudyPeople already find health insurance high cost and low value,” he said.
“This investigation uncovers more reasons why people don’t trust the companies offering these expensive policies. The death spiral this industry is facing is self-imposed and they can’t be trusted to fix it themselves.”
Major health insurers such as Medibank, Bupa, HCF, HBF and NIB also feature in Choice’s analysis of junk silver plus policies.
The chair of the Australian Healthcare Reform Alliance, Jennifer Doggett, said the problems uncovered by Choice made clear that the government’s attempt to make private health insurance more affordable and consumer-friendly had failed.
“Consumers are clearly no better off than they were before these changes were introduced and are still struggling to make sense of a poorly designed, inefficient and inequitable insurance system,” she said.
“These findings will erode the already fragile relationship consumers have with private health insurance and reinforce their belief that private health insurance funds are putting their own interests and profits above consumer interests.”
