The government has announced it will investigate health insurers for using a loophole to raise their prices. In December last year, Minister of Health Mark Butler warned health insurers to stop ‘phoenixing’ policies after a Commonwealth Ombudsman report brought the practice to light. By law, health insurers can only raise prices once a year, but...
Most Australians will pay more for health insurance next week due to a reduction in a rebate designed to make health cover cheaper. Cuts to the Private Health Insurance Rebate take effect on April 1 at the same time as most policies are increasing in price by an average of 3.7% – which adds up...
Out-of-pocket payments for Private Health Insurance claims continue to rise, putting more pressure on Australian households during the cost-of-living crisis. New data from Australian Prudential Regulation Authority (APRA), which regulates the health insurance industry, found a 7% increase in Gaps paid for Hospital Cover claims for the quarter finishing December 2024, compared with the same...
Health insurance will increase by an average of 3.7% in April – the highest premium increase since 2018. Every year health insurers are allowed to raise their premiums only once. This year, Minister of Health Mark Butler rejected insurers’ proposed increases (reportedly up to 6%) at least twice before agreeing on an average premium increase...
Australian private health insurers have been criticised for using a loophole to raise the prices of Gold Cover policies. This week the Commonwealth Ombudsman found evidence some insurers have been raising prices through ‘product phoenixing’ – closing existing policies to new customers, and creating almost identical policies at a higher price. As a result, new...
Australians with Private Health Insurance are paying higher out-of-pocket payments for hospital treatment than a year ago, new data shows. The latest statistics from Australian Prudential Regulation Authority (APRA), which regulates the health insurance industry, show out-of-pocket fees for private hospital treatment increased by 8% in the 12 months from October 2023 to September 2024....
If you’ve used health insurance to pay for surgery in a private hospital or clinic, check your bill to make sure you haven’t been charged a Gap incorrectly. That’s the advice from Private Healthcare Australia, the peak body for the health insurance industry, after allegations that some specialists (including surgeons and anaesthetists) have been ‘double...
A ‘health tax’ passed by NSW government last week means NSW residents could face higher premiums for health insurance in 2025. The new legislation means the state government can increase its existing tax on private health insurance if insurers do not agree to pay a higher ‘bed rate’ of $892 for private patients in public...
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If you’re among the 2.7 million Australians living with asthma, you’ll be all too aware of the need to be proactive about your health. According to the 2021 Census, asthma is the third most common long-term health condition in Australia (behind mental health conditions and arthritis). So do you need health insurance for asthma? Here’s...
The Individual Reference Number (IRN) on your Medicare Card is the number before your name. It ensures the correct service is billed to the correct person listed on your card. You can find it here:
You can contact Medicare in 2 ways: To give feedback to Medicare, you have 2 ways:
No. At present, you cannot add your Medicare Card to your Apple Wallet. The only way to get a digital Medicare Card is to use the Express Plus Medicare mobile app. To access the Express Plus Medicare mobile app:
No. At present, you cannot add your Medicare Card to the Service NSW app to avoid juggling multiple apps or carrying a physical card. Your digital Medicare Card is available only through the Services Australia Express Plus Medicare mobile app.
To get a linking code from Medicare to link your myGov to Medicare, follow these steps: To successfully get your linking code, the name you have recorded with myGov must match your name recorded with Medicare.
To link your myGov account to Medicare, follow these steps:
How to update my name, date of birth, gender, address or banking details with Medicare You can update your personal details (such as name, address, banking details, date of birth or gender) with Medicare in 3 ways: You need to notify Medicare in these cases: How to update my details with Medicare if I am...
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