Rising health costs need to be addressed: seniors

Published 17th January 2019

The Federal Government’s early announcement today of a 3.25% rise in health insurance premiums from 1 April next year underscores the need for an overall review of spiralling health costs, according to National Seniors Australia.

CEO and Research Director Professor John McCallum said seniors would welcome the relatively ‘restrained’ increase in health premiums in 2019, which had risen 32.8% over the past six years.

National Seniors was maintaining its call on the government to freeze private health insurance premiums to no more than CPI. With overall inflation at 1.9%, and health costs rising 3.2%, it was clear there was a long way to go to bring them under control.

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Source:
Unknown Author, 2018, National Seniors (https://nationalseniors.com.au/)