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It’s always interesting to watch a newly privatised entity turn rent-seeker. And that’s what we have got with Medibank Private, which is lobbying the Government to allow private health insurers to cover the cost of GP services – a move that would line the insurers’ pockets but make ordinary Australians paying higher costs. From The Canberra Times:
The head of Australia’s largest private health insurer says he is optimistic the federal government will allow GP visits to be covered by insurers in future under a significant – and widely feared – reform…
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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.
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