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| Media: | Sky Business News (National Australia)Segment:Sunday Business Week |
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| Date: | 18 May 2008 - 02:16pm |
| Interviewee: | David Miller, Moneytime Director |
Summary log:
MBF policy holders voted in support for a merger with one time rival BUPA Australia, allowing for the creation of a fund that will challenge the dominance of Medibank Private. David Miller says whether the private health insurance industry will be adversely affected by the Federal Government's changes to the Medicare levy surcharge is a matter for debate. He believes people will still choose to remain with the p rivate health industry because it is a convenient option.
Miller notes the threshold for the surcharge has not moved for many years. He believes the Federal Govt still has a fair amount of control on how the private health insurers set their premiums. He adds the Govt has to consider the benefits to the public of a healthy private health system.