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Australia's Private Health Industry Is 'Spiraling to Its Death': Report

The private health sector and the government should join hands and develop a rescue plan to prevent the . ....

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The Day - Song Spinner: 'Mystic Tonight' by Dan Watson - News from southeastern Connecticut

The Day - Song Spinner: 'Mystic Tonight' by Dan Watson - News from southeastern Connecticut
theday.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theday.com Daily Mail and Mail on Sunday newspapers.

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The Day - Song Spinner: 'Mystic Tonight' by Dan Watson - News from southeastern Connecticut

The Day - Song Spinner: 'Mystic Tonight' by Dan Watson - News from southeastern Connecticut
theday.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theday.com Daily Mail and Mail on Sunday newspapers.

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Australia's private health insurance industry in a 'death spiral', report says

Australia’s private health insurance industry in a ‘death spiral’, report says
Melissa Davey
© Provided by The Guardian
Photograph: SUPPLIED/PR IMAGE
Australia’s private health insurance industry is in a “death spiral” and the federal government and the industry must agree on significant overhauls if the system is to be sustainable into the future, a report from health thinktank the Grattan Institute says.
The causes of the malaise are well documented and include an ageing population, increased use of healthcare services, and rising healthcare costs that drive up premiums and make health insurance less affordable – and less attractive – to young and healthy people in particular. ....

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Warning Australian private health is in a 'death spiral'

The private health industry is in a death spiral and needs an urgent rescue plan that includes reining in greedy surgeons who charge exorbitant fees, a public policy think tank says.
In a report on the industry the Grattan Institute says the federal government and industry leaders need to join together and forge such a plan.
The report s authors, Stephen Duckett and Greg Moran, say the plan needs to rein in greedy surgeons who charge patients exorbitant fees and stop private hospitals keeping patients too long to give them care they don t need.
They also urged an end to the rorts in the prosthesis and device supply chain so private patients and their insurers pay no more than public patients . ....

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