Health fund complaints a bit rich
2 June 2016 | Australian Financial Review | NATIONAL
Despite record low inflation and wage growth the private health insurance industry saw fit to slug the Australian people with 5.6 to 10 per cent increases to their premiums this year. At the same time the country's biggest funds announced a combined $1.1 billion profit last year, a 6.8 per cent improvement on 2014 and for some the profits were almost 60 per cent. Writes Fellow of ARLP Course 9, Susi Tegen in her contribution to the Australian Financial Review's Letters page.
Susi is the Chief Executive of the Medical Technology Association of Australia.
Read her full letter online or download the clipping below.