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Participating Health Funds
| Publication: |
The Australian |
| Date: |
12 June 2009 |
| Section: |
Money |
100,000 to flee private health: report
Siobhain Ryan
Article excerpt:
UP to 100,000 people could forgo health cover because of budget cuts to the private health insurance rebate - four times more than Treasury estimates - a report by Access Economics has concluded. The report, commissioned by Catholic Health Australia, described official projections of the impact of the cuts to the insurance rebate as at the "lower end of the range of possibilities". "We could not rule out a fall in coverage of 1 per cent of the (health fund) membership ... in other words, coverage could decline by 100,000 from where it would otherwise have been," the report says.
The Rudd government announced plans in last month's budget to claw back $1.8billion in subsidies to the private health sector by means-testing the 30 per cent health insurance rebate, in its second successive year of cuts to the industry, The Australian reports.
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