HEALTH insurer NIB Holdings is confident of earnings growth next year after a 158 per cent rise in its full-year net profit to $61.5 million.
Managing director Mark Fitzgibbon said NIB policy holders increased by 5.9 per cent to 22,641 compared with the industry average of 2.9 per cent.
“The big challenge is how to continue to [...]
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Filed under: Health Insurance
AS Kevin Rudd received quick treatment at a private hospital last week, hundreds of Australians remained on public waiting lists.
Had the 52-year-old former prime minister decided to join the queue of public patients for gall bladder surgery after experiencing acute abdominal pains last Thursday, he could still be waiting to have his operation. Of the [...]
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Filed under: Government, Health, Health Insurance
Private Health Insurance (PHI) Circulars issued by the Australian Government Department of Health and Ageing can be found at CLICK HERE.
The PHI circular 48/10 is now available.
This report is available on the Department of Health and Ageing website CLICK HERE
(Picture courtesy of www.brisbanesurgeon.com.au)
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Filed under: Health Insurance
Private Health Insurance (PHI) Circulars issued by the Australian Government Department of Health and Ageing can be found at CLICK HERE.
The PHI circular 40/10 is now available.This circular outlines the KPMG Year 1 Review of the impact of the new Medicare Levy Surcharge thresholds on public hospitals report was tabled in Parliament on Tuesday 22 [...]
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Filed under: DHS, Health Insurance
Private Health Insurance (PHI) Circulars issued by the Australian Government Department of Health and Ageing can be found at CLICK HERE.
The latest PHI circular 32/10 is now available.
(Picture courtesy of www.brisbanesurgeon.com.au)
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Filed under: DHS, Health, Health Insurance
TENET Healthcare has withdrawn its bid to acquire Healthscope, saying it was unable to “convey to shareholders the potential value, including the inherent risks and opportunities” of the transaction.
The US hospital operator’s bid to acquire Healthscope, Australia’s second-largest hospital operator, unravelled nearly a week after Tenet confirmed it had launched one of two new bids [...]
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Filed under: Funding, Health, Health Insurance
Tenet Healthcare Corp. in Dallas took the unusual step of admitting it is involved in preliminary discussions to acquire Healthscope, the second-largest private hospital corporation in Australia, to combat what the U.S. hospital operator described in a press release as “recent volatility in the trading of its common stock.” The initial response to the announcement [...]
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Filed under: Funding, Government, Health, Health Insurance
HOSPITAL patients are facing shock bills of thousands of dollars because of restrictions and exclusions in health insurance policies.
Others hit with yearly premium rises still risk being charged up to $10,000 or more in out-of-pocket fees for some doctor services.
A State of the Health Funds report, released yesterday, reveals complaints to the nation’s private health [...]
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Filed under: Government, Health Insurance
A longitudinal study has disproved previous research showing access to motor vehicle accident compensation affects recovery outcomes after injury.
Conducted by Dr Meaghan O’Donnell, from the Department of Psychiatry at the University of Melbourne, and her co-authors, the study included 391 randomly selected patients with moderate-to-severe injuries.
The study is published in the latest Medical Journal of [...]
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Filed under: Government, Health, Health Insurance
MEDIBANK Private has slashed benefits available to hundreds of thousands of its members, leaving them uninsured for a range of common operations unless they agree to pay up to 50 per cent more in premiums.
In a controversial move to which the Rudd government has made no objection, Australia’s biggest health fund has told 340,000 members [...]
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Filed under: Funding, Government, Health, Health Insurance
