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Michael Smith

Health insurers have landed in a world of pain, political or otherwise

They’re under fire from parliamentarians and hospitals for making too much profit, and yet are caught in a customer land grab that is shaving away profits.

Michael SmithHealth editor

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Private health insurance profits are in the firing line again.

The latest attack came from the NSW government, which is accusing companies such as Bupa, Medibank Private and NIB of rorting the public healthcare system by $140 million because they do not pay enough for their members to use public hospital beds.

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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-have-landed-in-a-world-of-pain-political-or-otherwise-20241002-p5kf63