Original article by Joe Kelly
The Australian – Page: 1 & 6 : 16-Jul-18
Labor has previously announced plans to impose a two per cent cap on health insurance premium increases. However, Opposition leader Bill Shorten is understood to have told the Members Health Fund Alliance – which represents 23 small funds that cover 1.7 million Australians – that its members would not be affected by the proposed cap. Labor sources have indicated that the cap is aimed more at larger health insurance providers, and that imposing it on smaller providers would lead to more consolidation in the sector.
AUSTRALIAN LABOR PARTY, MEMBERS HEALTH FUNDS ALLIANCE, AUSTRALIA. DEPT OF HEALTH, AUSTRALIA. PRODUCTIVITY COMMISSION, PRIVATE HEALTHCARE AUSTRALIA LIMITED