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Older Aussies saved an average $375^ on Health Insurance by shopping around

Older Aussies saved an average $375^ on Health Insurance by shopping around

For the first time ever I considered dropping out of private health cover this week. A massive unexpected bill put a lot of stress on my finances and, like many single women, I don’t have a huge savings buffer in place.  It seems I’m not alone. An estimated 10,000 Australians each month are either cutting or quitting private health insurance, according to a recent article in The Australian. ... read more>
Why more and more people are shopping around for Private Health Insurance

Why more and more people are shopping around for Private Health Insurance

Almost half of people with private health insurance are likely to shop around for better deals in 2018, according to a survey conducted by Morgan Stanley.  The results of the survey were highlighted in an article in The Australian, which reported that 48 per cent of people were likely to switch providers next year, compared to 41 per cent last year. Morgan Stanley’s executive director Dan... read more>
Private Health Reforms: What they mean for you

Private Health Reforms: What they mean for you

It’s being heralded as the biggest overhaul of private health insurance in almost 20 years, but what exactly will the Federal Government’s recent announcements about private health insurance mean for your wallet if you’re an over-50 policyholder?  We look at just how affordable the changes are and how they’ll impact you. 10% discount for under-30s If you’re paying for your children’s h... read more>
The Private Health hack that could save you $600

The Private Health hack that could save you $600

Policyholders have been protesting with their feet by walking away from their health insurance providers citing unfounded and unfair price hikes. But here’s a ‘hack’ that many don’t know about that could save you as much as $600 a year on your costs. Website news.com.au reported this week that many health insurance customers are overpaying because they are, “failing to use their insurer’s... read more>
The cost of private health price rises

The cost of private health price rises

Prior to Sussan Ley resigning as Federal Health Minister last January, one of her best decisions in the role was to announce the formation of the Private Health Ministerial Advisory Committee. The committee was to look at “regulatory issues that are adding to the cost of premiums and discouraging innovation”, but many claimed the committee was loaded down with lobby groups. Fast-forw... read more>