March 23, 2010 New QLD Public hospital policy of paying patients’ insurance excess
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March 22, 2010 NIB axes obesity cover and cuts entitlements for hip and knee replacements, obstetric care, renal dialysis and cardiac procedures
There has also been a 60 per cent increase in the numbers of patients claiming for the procedures over the same three-year period. Just over 650 members were treated for obesity procedures in 2008-09.
A spokesman for the fund, which accounts for about 7 per cent of the national health insurance market, said each obesity surgery case cost the fund about $8000.
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March 19, 2010 Medibank Opens Urgent Medical Treatment Clinic
Well, you need not fret no more the next time you require treatment! A local insurance company, Medibank Private Health Insurance recently announced the opening of Australia’s first Rapid Care Clinic in Brisbane which offers urgent medical treatment for minor injuries.
The clinic promises patients faster treatment for injuries and illnesses that require immediate attention but which are not life-threatening. Injuries treated include sprains and strains, cuts and abrasions, broken bones, minor burns and sporting injuries. People suffering from viruses, headaches and migraines can also be present for treatment.
Open from extended hours from 8am-9pm 7 days a week, 365 days a year, it mainly caters for families and sporting injuries, and is open to members and non-members alike though members will be offered special discount for treatment. Patients require no appointment, and will receive medical care within an hour of arrival.
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March 18, 2010 AHM We Love Healthy Competition ad campign
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March 15, 2010 YouCompare launch ‘Health Insurance’ comparison.
Health Insurance comparison is a exciting extension of the existing suite of telco comparison services that YouCompare offer.
Health Insurance funds have always been difficult to compare because of the large number of inclusions and exclusions. YouCompare has used their years of experience to develop a service that allows users to easily compare a vast array of features side by side in a simple interface.
Compare quotes from HCF NIB GMF and Australian Unity http://youcompare.com.au/healthinsurance
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- Posted under Australian Unity, HCF, NIB
March 1, 2010 Medibank Private 10 most Expensive Health Insurance Claims in 2010
National Chart Toppers 2010 – Procedure & Total Benefit List
1 Neonatal surgery and post-operative care: $439,626
2 Neonatal surgery and post-operative care: $350,420
3 Neonatal surgery and post-operative care: $281,669
4 Neonatal surgery and post-operative care: $277,289
5 Acute respiratory failure: $269,972
6 Coronary artery bypass: $246,869
7 Bowel surgery β rectal resection: $241,052
8 Oesophagectomy with gastric reconstruction: $240,500
9 Neonatal surgery and post-operative care: $214,102
10 Bowel surgery – hemicolectomy: $203,672
βIn 2009 we paid 44,164 claims over $10,000, an increase in 23 percent from 2008, a dramatic increase that is emblematic of growing costs in all areas of the Australian health system.
“These figures also illustrate the limits to self-insurance. With costs of $10,000 and above increasingly common, and health costs growing as fast as they are, people relying on self insurance are risking their financial and their physical health,β he said.
In financial year 2008-09 Medibank Private paid a total of $2.36 billion in hospital and medical benefits, an increase of 10% from the previous year. Medibank Private members were admitted 862,748 hospital admissions in the period.
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March 1, 2010 Medibank Private 5.74% increase 1 April 2010
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March 1, 2010 MBF health insurance premiums up by 5.62%
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March 1, 2010 NIB health insurance to increase 5.85%, an average of $130 rise
NIB chief executive Mark Fitzgibbon conceded NIB’s 5.95 per cent increase would be unpopular with some policyholders.
About 74 per cent of NIB customers face an increase of about $2.50 a week.
“People never like the idea of price increases, whether its health insurance, milk or bread, and we are conscious of that,” Mr Fitzgibbon said.
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February 24, 2010 Health insurance to rise an average of 5.78%
Now’s the time to lock in your existing rates, if you can.
Ms Roxon announced yesterday that premiums would increase by an average of 5.78 per cent from April 1 — three times the annual 2.1 per cent rate of headline inflation and nearly double the 3.4 per cent underlying rate preferred by the Reserve Bank. However, it is in line with the rise in the consumer price index for health, which was 5.9 per cent last year.
Ms Roxon defended the increase as lower than last years 6.02 per cent, saying it was below industry expectations and “significantly less than the last five years of the Coalition government, where the average increase was 6.63 per cent”.
via The Australian.
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