If private health industry is rorting, 'the ACCC should have a formal inquiry' | Sky News Australia

  • 📰 SkyNewsAust
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 78%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Terry Barnes says if the health insurance industry believes rorting is occurring within the sector, then 'perhaps it's time for the Australian Competition and Consumer Commission to have a formal look into this'. KennyReport

Terry Barnes says if the health insurance industry believes rorting is occurring within the sector, then "perhaps it's time for the Australian Competition and Consumer Commission to have a formal look into this".

The former advisor to two federal health ministers said "younger and healthier people need to be convinced they need private health insurance", but praised the government for its attempts to entice consumers around pricing. Private health insurance premiums are expected to rise up to twice the rate of general inflation with growing numbers of young adults opting out of private health cover because it is too expensive.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 7. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

If there are more increases & less participation by the public,the state governments will have more of a burden with surgery

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Morrison govt 'failing small business' | Sky News AustraliaLabor Senator Deborah O’Neill has lashed out at the Morrison government, accusing them of “failing small business” while acting “in secret” with the current franchising and wage system.\n\n“There’s something that really stinks in this franchising model,” Ms O’Neill told AM Agenda. \n\n“While people think they’re going to get great support in a franchise structure, the failure rate of franchise businesses is not that dissimilar to somebody starting their own business.\n\n“It's a big problem.\n\n“Self-regulation is causing exploitation… [the Morrison Government] are failing small business.'\n\nThe NSW senator said despite being handed down a report in March from the Parliamentary Joint Committee on Corporations and Financial Services that provided recommended changes to the current system, they “continue to not be implemented by this government”. Does she realise small business is not part of the groundwork towards a Nations economy & that taxes are designed strategically to be in favor of large corporates? Who else can afford to pay Politicians their fees? Whoa, they axed penalty rates, meaning all that extra cash now pays for world travel & private schools for the business owner. Of course, small business owners now have half their usual customers, as morrisons wage repression has made them the working broke people. Wrong. Unions are the root cause. Unions and your overrated pay rates. How about you talk to the business owners not just make bland statements about secrets and bs AustralianLabor
Source: SkyNewsAust - 🏆 7. / 78 Read more »