Private health premiums set to rise, page-13

  1. 46,202 Posts.
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    Hi Logco are the ACTUAL costs going up higher than inflation or are the margins PROFITS to providers going up
    way above the inflation rate ?LOL.

    Its a massive rip off.

    If we all pull out of private cover the funds and the health industry
    would lose their gravy train and the public system would have to take up the slack.

    The medicare rate would need to increase to cover the shortfall but I do wonder
    whether the amount would be any more than all the premiums collected by all these different
    private funds with well paid CEO/managements and shareholders.

    Its such an inefficient system and we are being milked.

    cheers
 
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