2014-01-28 00:38:49 Source: 1688 Original URL Marieedit

1688, NSW Wollongong mother Phoebe Murphy (Phoebe Murphy) gave birth to her eldest daughter Charlotte in a private hospital 6 years ago, but 15 months ago, when she gave birth to her second child Archie, she chose To a public hospital.

Charlotte's birth was a happy event, but it was followed by a delivery bill of up to 3000 yuan, because the Murphy family's private medical insurance did not reimburse this expense.
Phoebe's husband, Sean, works at a mining company in South Coast, NSW. Before the second child is born, they pay an additional 50 yuan to HCF each month as maternity insurance. But as the family budget became tight, they decided to cancel this insurance. "As the cost of insurance continues to rise, you can easily make the decision to give up this insurance."

Now, they have to pay a monthly insurance premium of 246 yuan, which includes basic hospitalization insurance, ambulance, and additional insurance such as dental, optometry and orthopedics. Phoebe said that although the expenditure is still "copeable", "it is rising every year."

The Murphy family’s situation reflects the private medical insurance status of 46.9% of Australians, or 1070 million.

Since 2002, private medical insurance charges have soared at an average annual rate of 6.5%, far exceeding inflation. The affordability of private health insurance has become a big problem.

Macquarie analysts estimate that in the past 11 years, private health insurance costs as a proportion of household disposable income has risen from 4.6% to 6.1%. Although the increase in private health insurance fees is still not comparable to mortgage repayments or private school fees, there is no sign of slowing down.

If private insurance becomes too expensive and unaffordable, it may lead to increased pressure on public hospitals.

The former Labor Party government’s income and property assessments for the deceased’s medical insurance subsidies and other measures aimed at saving government costs have contributed to the increase in private medical insurance fees.

Nomura (Nomura) analyst Toby Langley (Toby Langley) said that since April 4, the average increase in private health insurance has been 1%. NIB's increase reached 6.2%.

Although the average increase in fees is only 6.2%, the Coalition estimates that the total amount paid by the private health insurance industry to medical institutions such as private hospitals, dental clinics, ophthalmology clinics and medical equipment suppliers has increased by 8% in the past year.

Inventory of charges for major private health insurance funds