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Health Insurance Plan News

Rudd ready for health dissolution trigger

Thursday February 25, 2010
KEVIN Rudd is preparing to make the first down-payment on his plan for reforming the nation's health system, unveiling a blueprint for fixing public hospitals.

Public option takes back seat in health-care compromise

Thursday December 10, 2009
WASHINGTON: After nearly a week of round-the-clock talks Senate Democrats have tentatively agreed to drop a government-run insurance option from sweeping US health-care legislation.

Senate rejects means test for health insurance rebate

Thursday September 10, 2009
THE Senate punched a $2 billion hole in the Rudd Government's budget last night when it voted down changes to means-test the private health insurance rebate.

Wide Gap In Teeth Blamed On Private Rebates

Monday January 12, 2009
THE Rudd Government, which has stalled on plans to roll out a dental scheme for the disadvantaged, faces calls to axe rebates that go to patients with private health insurance.

Labor Backs Down On Medicare Levy Plan

Wednesday September 24, 2008
HUNDREDS of thousands of Australians may have to rethink their health insurance options after the Rudd Government backed down yesterday on one of its most controversial budget proposals.

Retreat On Medicare Levy, But Car Tax Passes

Wednesday September 24, 2008
HUNDREDS of thousands of Australians may have to rethink their health insurance options after the Rudd Government yesterday backed down on one of its most controversial budget measures.

Labor Retreats On Medicare Levy, Car Tax

Wednesday September 24, 2008
HUNDREDS of thousands of Australians may have to rethink their health insurance options after the Rudd Government yesterday backed down on one of its most controversial budget measures.

Ramsay Unfazed At Medicare Plan

Tuesday August 26, 2008
PRIVATE hospital operator Ramsay Health Care says changes to the Medicare levy surcharge that will make private health insurance less attractive are merely a "bump in the road" and will still allow it to match this year's earnings per share growth.

Ramsay Upbeat Over Levy

Tuesday August 26, 2008
THE private hospital operator Ramsay Health Care says changes to the Medicare levy surcharge that will make private health insurance less attractive are merely a "bump in the road" and will still allow it to match this year's earnings per share growth.

Medicare Change To Raise Private Health Fees

Wednesday August 13, 2008
PRIVATE health insurance premiums are set to rise as a direct result of the Government raising the Medicare levy surcharge threshold, a senior health official has conceded.

$10bn To Boost The Health Of Ailing Hospital System

Wednesday May 14, 2008
A $10 billion fund to refurbish Australia's decaying hospitals and build new medical research facilities is the headline item in the health budget.

Health Insurers Hit Out At Medicare Relief Strategy

Sunday May 11, 2008
HEALTH insurers have attacked the Rudd Government over its plan to double the income threshold for the Medicare levy surcharge, saying it will add hundreds of thousands of patients to public hospital waiting lists and lead to higher premiums for those who keep their private health cover.

Health Department Avoids Hard Questions

Saturday April 12, 2008
THE federal Health Department is trying to massage the health forum at the 2020 Summit in an attempt to avoid focus on sensitive issues for Labor such as health insurance and patient costs, some participants say.

No Capital Gains Tax

Wednesday February 27, 2008
THE Federal Government has pledged that policyholders of health insurance funds will not have to pay capital gains tax when their funds demutualise, although they will when they subsequently sell their new shares.

Mbf To Put Merger Deal To Policyholders

Saturday February 9, 2008
BUPA AUSTRALIA'S five-year plan to overtake Medibank Private and become the dominant player in private health insurance entered its final stages yesterday after its would-be partner MBF agreed to put a $2.41 billion merger deal to its 800,000 policyholders.

Mbf Plan Puts Medibank On Notice

Saturday December 8, 2007
THE private health insurance industry is set to be transformed by a merger of the two biggest players after BUPA Australia yesterday tabled a revised - and potentially knockout - $2.41 billion bid for its larger rival, MBF.

Mbf Looks A Swell Deal As Insurance Sector Rationalises

Friday July 6, 2007
AUSTRALIA'S No. 2 private health insurance fund, MBF, is mulling takeover bids of about $2 billion from a rival and several private equity firms as rationalisation of the industry gathers pace.

Nib May Become First Local Private-health Insurer To Float

Saturday June 9, 2007
NIB will become the first Australian private-health insurance group to list on the stock exchange if its policyholders vote to drop the group's mutual status and float it in a listing worth about $500 million.

Labor Embraces Private Health

Wednesday April 4, 2007
LABOR will dump its opposition to higher health insurance rebates paid to the over-65s as the party prepares to drop its traditional antagonism to private health care.

Nib Wants To Demutualise And Lead Shake-up In Health Insurance

Thursday March 22, 2007
PRIVATE health insurer NIB yesterday announced plans to list on the stock exchange later this year in a move designed to pre-empt the privatisation of the state-owned Medibank and which may spark a wave of mergers in the industry.