Private health insurance patients charged double the costs

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MB has frequently questioned the efficacy of Australia’s private health insurance system and whether it should receive taxpayer subsidies.

Today, The ABC has published a report on the patient cost of cancer, which reveals that those holding private health insurance cover are charged double the fee of those without:

A surprising finding was that those with private health insurance faced double the out-of-pocket expenses as those without it, and ultimately a greater financial impact.

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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.