| Publication: | The Australian |
|---|---|
| Date: | 15 February 2010 |
| Section: | The Nation |
David Uren, Economics correspondent
Article excerpt:
A COALITION government would again put Australia's biggest health insurer, Medibank Private, on the block for privatisation, said its Treasury spokesman Joe Hockey. He also questioned the need for health funds to gain ministerial approval for premium increases. Mr Hockey said the sale of Medibank Private would raise between $3.5 billion and $4.5bn and would help pay off debt. "Reducing the level of government debt quickly is essential for the future prosperity of all Australians," he told the National Press Club in a speech setting out the Coalition's economic policy priorities. The health insurance market was highly competitive, with no continuing need for a government-owned operator.
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