The Federal Government recently proposed changes to private health insurance, which is expected to result in up to $1 billion of claims savings over the first four years of operation. This is mainly through a reduction in prices paid for medical devices and prosthesis. The measures are designed to simplify and homogenise the products across providers. It will also allow discounts for customers aged under 30 in order to encourage them into private health insurance. The discounts are 2% for …

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