Australian health insurance funds and the money they manage on behalf of their members, are under attack. Private hospitals, doctors and governments are all trying to raid health funds to solve their own problems in a challenging economy.
The private hospital sector’s push for a bailout has been covered comprehensively by this publication. And in a bizarre move, the NSW Government is trying to raise millions by charging health funds more when insured people are admitted to public hospitals. This follows the state’s well-known budget forecasting errors.