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Health insurers dodge funding intervention

Michael Smith

Labor has given private health insurers a reprieve from regulatory intervention that would force them to increase hospital funding, arguing funds have voluntarily provided as much as $350 million in extra payments to the sector in the past few months.

Health Minister Mark Butler said on Wednesday the benefits ratio – the percentage of insurers’ premiums paid to hospitals – was expected to reach 87 per cent in the current financial year, returning between $250 million and $350 million in extra funding to private hospitals.

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Michael Smith is the health editor for The Australian Financial Review. He is based in Sydney. Connect with Michael on Twitter. Email Michael at michael.smith@afr.com

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    Original URL: https://www.afr.com/companies/healthcare-and-fitness/health-insurers-dodge-funding-intervention-20250625-p5ma4x