AAP General News (Australia)
02-27-2004
Fed: Health insurance price rise necessary: AHIA
CANBERRA, Feb 27 AAP - A 7.58 per cent average rise in health premiums is necessary
to cover the cost of increasing claims and costs, the Australian Health Insurance Association
said today.
Association chief executive Russell Schneider said the increases were the lowest possible
to ensure the industry remained financially viable.
The Private Health Insurance Administration Council today approved the 7.58 per cent
average increase, although charges will vary across products and companies.
All insurance companies sought an increase in …
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