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Union kills health fund merger

At a time when the prudential regulator wants small private health insurance funds to merge, it is incredible that a union can stand in the way of a fund seeking a sustainable future.

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All that is right and all that is wrong with the private health insurance industry is contained in Chanticleer's exclusive case study of a small health fund seeking a sustainable future for its 30,000 members.

The board of RT Health, which is also known as the Railway & Transport Health Fund, acted in the best interests of members in deciding to seek a merger with a larger fund.

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Tony Boyd is the former Chanticleer columnist. He has more than 35 years' experience as a finance journalist. Connect with Tony on Twitter. Email Tony at tony.boyd@afr.com

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    Original URL: https://www.afr.com/chanticleer/union-kills-health-fund-merger-20200826-p55pck