Private health insurance - 2010 update

Benefiting from the federal government rebate initiative

Health insurance may be the most important investment of your life. Despite the federal government’s recent rebate upheaval, most people can still benefit. Suzanne Still reveals how you can get the most out of private health cover.

Australians enjoy one of the highest standards of healthcare in the world and private health insurance is an integral component of our healthcare system. Australia’s unique “community rating” and the federal government incentives for private health insurance promote involvement in the privately funded health sector.
In other countries private health insurance is “risk rated” with premiums escalating as…