Australian Health Insurance Reform: Challenges and Opportunities

By Shaini Sivagnanam | Actuarial Manager, CBHS Health Fund

By Shaini Sivagnanam
Actuarial Manager, CBHS Health Fund
via Actuaries Institute's Blog

Australian Health Insurance Reform: Challenges and Opportunities

Image Attribute: Pixabay.com

Health actuaries have been quite busy over the past few months trying to make sense of the various reforms that were introduced by the Department of Health to address the challenges of affordability and complexity of New Private Health Insurance (PHI) in Australia. Some of these reforms (although not yet finalized) will come into effect on April 1, 2019. The new reform measures present health insurers with both a challenge and an opportunity:

  • How to minimize the impact on existing business?
  • How to maximize the opportunity to grow the business?


The challenge


Most of the reform measures introduced will be mandatory and may have significant consequences to both health insurers and their policyholders. By understanding how these measures are going to be impacting their policyholders and their overall business, health insurers will be able to better prepare for the change. Some of the reform measures that can be significant for an insurer are:

Introduction of Gold/Silver/Bronze/Basic product categories, Clinical Categories and Removal of Restrictions

In his article, “Health Insurance: Metallic paint, Game theory and Product categorization”, Barry Leung presents a detailed description of the product categorization and the implications for health insurers. For consumers, these reform measures provide greater clarity around what clinical services will be covered in hospital policies. They also provide a clear mechanism for consumers to compare products across the industry.

The removal of restrictions from Bronze and Silver categories will mean that consumers will no longer be able to claim benefits from their insurer for being treated as a private patient in public hospitals when the clinical category is not covered under the policy. Restrictions will be allowed on Basic products only except for hospital psychiatric services and rehabilitation, which can be restricted under Bronze and Silver. Although some larger insurers have already moved away from offering restrictions, many smaller not-for-profit funds are continuing to offer restrictions on their products.

So, what are some of the challenges that face health insurers?

  • Existing products may no longer comply with the new legislation and may require extensive changes. Any new addition of services will be costly for the insurer while removal of any services (including restrictions) may trigger member lapses.
  • Existing “Bronze Hospital” and “Silver Hospital” products may no longer be classified as Bronze or Silver. Even when no changes are made to the services covered the change of names from Silver to Bronze plus or from Bronze to Basic plus may be perceived as detrimental by policyholders.
  • If the existing products are classified as a plus product then there might be a risk that policyholders do not value the additional services of the plus product and look for a cheaper minimum Basic, Bronze or Silver product.


Changing coverage for some natural therapies

Health insurers are mandated to remove natural therapies (including but not limited to yoga, pilates and tai chi) from their general product offerings. Removing these services will reduce the cost of PHI, however, it will be a detrimental change for policyholders that utilize those services.

It should be noted that any savings generated from the removal of these services should be considered in light of policyholder reaction to this change, for example, the potential increase in lapse rates.

Improved access to travel and accommodation for regional and rural consumers

Travel and accommodation benefits are currently only offered in top-level general treatment products. From 1 April 2019, insurers will be able to offer these benefits under hospital products providing greater access to private care for regional and rural consumers. Some of the challenges that insurers (especially those regional insurers that cater for local consumers) may face include:

  • Regional specific insurers may currently be able to offer cheaper hospital products due to their policyholders having limited access to private services locally. Adding travel and accommodation benefits under hospital cover can be quite costly for these insurers where their policyholders are concentrated in one specific area. On the contrary, larger insurers may be able to spread the cost across Australia. Although the addition of these services is not mandatory, it may be necessary for regional insurers to remain competitive. At the same time, the addition of these services will mean that prices will need to go up making the prices less competitive.
  • Introduction of these services under hospital covers may mean that policyholders who once purchased general treatment cover for the sole purpose of accessing these services no longer need it and want to lapse or downgrade their general treatment cover.


The opportunity


The government has introduced a couple of other measures as part of the reforms that specifically address the challenges of affordability and declining PHI participation in Australia. Although they are voluntary measures, the combination of these together with the categorization of Gold, Silver, Bronze and Basic present an excellent opportunity for health insurers to revise their overall business strategy for growth.

Increasing voluntary maximum excess levels

The maximum allowable excess on a hospital policy is set at $500 for singles and $1000 for couples or families. Currently, 80% of the hospital policies have some form of excess[1]. As the cost of health insurance policies is getting dearer consumers are looking for options to reduce their premiums through downgrading. Increasing the maximum to $750 for singles and $1500 for couples and families will mean that from April 1, 2019, consumers will be able to further lower their premiums by purchasing a higher excess product.

For an insurer, healthier policyholders downgrading to products with higher excesses will mean reduced revenue while no changes to claims cost. At the same time, if the insurer does not offer higher excess products when the competitors do at a lower price then, that might cause loss of sales or healthier policyholders moving to competitors.

Discounts for 18 to 29-year olds

Health Insurance in Australia is currently community rated, meaning insurers cannot risk rate by age, sex or health status. As a result, younger and healthier members of the population are seeing less and less value in PHI and are moving away from it altogether.

To encourage young people to take up private health cover, the government has legislated voluntary discounts. From 1 April 2019 health insurers will be able to offer discounts of up to 10% for policyholders between the ages 18 and 29. This means someone who takes out health insurance policy at the age of 25 will be able to maintain the 10% discount until they turn 41. The discount will be phased out after the age of 41.

The financial impact can vary significantly from insurer to insurer depending on their portfolio mix, target profitability and the level of access to an open market. An insurer with predominantly older policyholders will be able to offer the discount at a lower cost compared to a specialist corporate fund that’s target market is young corporate employees. An insurer operating for profit will be able to accommodate the cost easier than a not for profit insurer with lower target net margin. Accessing the additional sales required to offset the cost of the discount might be easier for a large and open health insurer compared to a small insurer with restricted membership.

If offering a discount on existing products is costly, an insurer may instead consider introducing new products with discounts. This may involve closing some of the currently existing products. The advantages of introducing new products include:

  • Increased sales due to discounted products for 18 – 29-year olds;
  • Correctly priced products and therefore minimal financial impact on the existing business;
  • No higher rate increases to existing policyholders; and
  • An opportunity to upgrade existing 18-29-year-old policyholders to new discounted products.


The PHI reform presents a lot of uncertainty to health insurers and actuaries are best placed to assist them with their ability to quantify the impact through various scenario modeling. It is also an opportunity for actuarial graduates to be involved in health insurance as it presents unique opportunities that are not available every day.

About the Author:

Shaini Sivagnanam is an Actuarial Manager at CBHS Health Fund

Reference:

[1] Private health insurance reforms: Increasing voluntary maximum excess levels, Published: July 16, 2018. | http://www.health.gov.au/internet/main/publishing.nsf/Content/private-health-insurance-reforms-fact-sheet-increasing-maximum-excess-levels 

Publication Details:

This article was first published on Actuaries Institute's blog on September 3, 2018. Republished at IndraStra Global under Creative Commons Attribution-NonCommercial 3.0 Australia (CC BY-NC 3.0 AU) license, provided by the original publisher.


DISCLAIMER: The views expressed in this insight piece are those of the author and do not necessarily reflect the official policy or position of the IndraStra Global.
Name

-51,1,3D Technology,2,5G,10,Abkhazia,2,Abortion Laws,1,Academics,11,Accidents,22,Activism,1,Adani Group,6,ADB,13,ADIZ,1,Adults,1,Advertising,31,Advisory,2,Aerial Reconnaissance,13,Aerial Warfare,36,Aerospace,5,Afghanistan,88,Africa,115,Agile Methodology,2,Agriculture,21,AI Policy,1,Air Crash,10,Air Defence Identification Zone,1,Air Defense,7,Air Force,29,Air Pollution,1,Airbus,5,Aircraft Carriers,5,Aircraft Systems,6,Al Nusra,1,Al Qaida,4,Al Shabab,1,Alaska,1,ALBA,1,Albania,2,Algeria,3,Alibaba,1,American History,4,AmritaJash,10,Antarctic,1,Antarctica,1,Anthropology,7,Anti Narcotics,12,Anti Tank,1,Anti-Corruption,4,Anti-dumping,1,Anti-Piracy,2,Anti-Submarine,1,Anti-Terrorism Legislation,1,Antitrust,2,APEC,1,Apple,3,Applied Sciences,2,AQAP,2,Arab League,3,Architecture,3,Arctic,6,Argentina,7,Armenia,31,Army,3,Art,3,Artificial Intelligence,84,Artillery,2,Arunachal Pradesh,2,ASEAN,13,Asia,71,Asia Pacific,24,Assassination,2,Asset Management,1,Astrophysics,2,ATGM,1,Atmospheric Science,1,Atomic.Atom,1,Augmented Reality,8,Australia,58,Austria,1,Automation,13,Automotive,133,Autonomous Flight,2,Autonomous Vehicle,4,Aviation,63,AWACS,2,Awards,17,Azerbaijan,17,Azeri,1,B2B,1,Bahrain,9,Balance of Payments,2,Balance of Trade,3,Bali,1,Balkan,10,Balochistan,2,Baltic,3,Baluchistan,8,Bangladesh,30,Banking,53,Bankruptcy,2,Basel,1,Bashar Al Asad,1,Battery Technology,3,Bay of Bengal,5,BBC,2,Beijing,1,Belarus,3,Belgium,1,Belt Road Initiative,3,Beto O'Rourke,1,BFSI,1,Bhutan,13,Big Data,30,Big Tech,1,Bilateral Cooperation,21,BIMSTEC,1,Biodiversity,1,Biography,1,Biology,1,Biotechnology,4,Birth,1,BISA,1,Bitcoin,11,Black Lives Matter,1,Black Money,3,Black Sea,2,Blockchain,33,Blood Diamonds,1,Bloomberg,1,Boeing,21,Boko Haram,7,Bolivia,7,Bomb,3,Bond Market,3,Book,11,Book Review,24,Border Conflicts,13,Border Control and Surveillance,7,Bosnia,1,Brand Management,14,Brazil,107,Brexit,22,BRI,5,BRICS,20,British,3,Broadcasting,16,Brunei,3,Brussels,1,Buddhism,1,Budget,5,Build Back Better,1,Bulgaria,1,Burma,2,Business & Economy,1271,C-UAS,1,California,5,Call for Proposals,1,Cambodia,7,Cameroon,1,Canada,58,Canadian Security Intelligence Service (CSIS),1,Carbon Economy,9,CAREC,1,Caribbean,10,CARICOM,1,Caspian Sea,2,Catalan,3,Catholic Church,1,Caucasus,9,CBRN,1,Cement,1,Central African Republic,1,Central Asia,82,Central Asian,3,Central Banks,1,Central Eastern Europe,49,Certification,1,Chad,2,Chagos Archipelago,1,Chanakya,1,Charity,2,Chatbots,2,Chemicals,7,Chemistry,1,Child Labor,1,Child Marriage,1,Children,4,Chile,10,China,599,Christianity,1,CIA,1,CIS,5,Citizenship,2,Civil Engineering,2,Civil Liberties,5,Civil Rights,2,Civil Society,5,Civil Unrest,1,Civilization,1,Clean Energy,6,Climate,68,Climate Change,29,Climate Finance,2,Climate Studies,1,Clinical Research,3,Clinton,1,Cloud Computing,46,Coal,6,Coast Guard,3,Cocoa,1,Cognitive Computing,13,Cold War,5,Colombia,16,Commodities,5,Communication,13,Communism,3,Compliance,1,Computers,40,Computing,1,Conferences,2,Conflict,117,Conflict Diamonds,1,Conflict Resolution,49,Conflict Resources,1,Congo,2,Construction,5,Consumer Behavior,4,Consumer Price Index,5,COP26,4,COP28,1,COP29,1,Copper,3,Coronavirus,107,Corporate Communication,1,Corporate Governance,4,Corporate Social Responsibility,4,Corruption,4,Costa Rica,2,Counter Intelligence,15,Counter Terrorism,81,COVID,9,COVID Vaccine,6,CPEC,8,CPG,5,Credit,2,Credit Rating,3,Credit Score,1,Crimea,4,Critical Minerals,1,CRM,1,Croatia,2,Crypto Currency,21,Cryptography,1,CSTO,1,Cuba,7,Culture,5,Currency,9,Customer Exeperience,1,Customer Relationship Management,1,Cyber Attack,10,Cyber Crime,2,Cyber Security & Warfare,118,Cybernetics,5,Cyberwarfare,16,Cyclone,1,Cyprus,5,Czech Republic,5,DACA,1,Dagestan,1,DARPA,3,Data,9,Data Analytics,36,Data Center,4,Data Science,2,Database,3,Daughter.Leslee,1,Davos,1,DEA,1,DeBeers,1,Debt,13,Debt Fund,1,Decision Support System,5,Defense,12,Defense Deals,8,Deflation,1,Deforestation,2,Deloitte,1,Democracy,22,Democrats,2,Demographic Studies,2,Demonetization,6,Denmark. F-35,1,Denuclearization,1,Diamonds,1,Digital,39,Digital Currency,3,Digital Economy,11,Digital Marketing,7,Digital Transformation,11,Diplomacy,14,Diplomatic Row,5,Disaster Management,4,Disinformation,2,Diversity & Inclusion,1,Djibouti,2,Documentary,3,Doklam,2,Dokolam,1,Dominica,2,Donald Trump,54,Donetsk,2,Dossier,2,Drones,14,E-Government,2,E-International Relations,1,Earning Reports,4,Earth Science,2,Earthquake,8,East Africa,2,East China Sea,9,eBook,1,Ebrahim Raisi,1,ECB,1,eCommerce,11,Econometrics,2,Economic Indicator,1,Economic Justice,1,Economics,46,Economy,115,ECOWAS,2,Ecuador,4,Edge Computing,2,Editor's Opinion,61,Education,67,EFTA,1,Egypt,28,Election Disinformation,1,Elections,54,Electric Vehicle,15,Electricity,7,Electronics,9,Emerging Markets,1,Employment,23,Energy,317,Energy Policy,28,Energy Politics,27,Engineering,24,England,2,Enterprise Software Solutions,9,Entrepreneurship,15,Environment,47,ePayments,14,Epidemic,6,ESA,1,Ethiopia,4,Eulogy,4,Eurasia,3,Euro,6,Europe,15,European Union,237,EuroZone,5,Exchange-traded Funds,2,Exclusive,2,Exhibitions,2,Explosives,1,Export Import,6,F-35,6,Facebook,9,Fake News,3,Fallen,1,FARC,2,Farnborough. United Kingdom,2,FATF,1,FDI,6,Featured,1432,Federal Reserve,6,Fidel Castro,1,FIFA World Cup,1,Fiji,1,Finance,19,Financial Markets,60,Financial Planning,1,Financial Statement,2,Finland,5,Fintech,15,Fiscal Policy,14,Fishery,3,Five Eyes,1,Floods,2,Food Security,27,Forces,1,Forecasting,3,Foreign Policy,13,Forex,4,France,37,Free Market,1,Free Syrian Army,4,Free Trade Agreement,1,Freedom,3,Freedom of Press,1,Freedom of Speech,2,French Polynesia,1,Frigate,1,FTC,1,Fujairah,97,Fund Management,1,Funding,23,Future,1,G20,10,G24,1,G7,4,Gaddafi,1,Gambia,2,Gambling,1,Gaming,1,Garissa Attack,1,Gas Price,24,GATT,1,Gaza,16,GCC,11,GDP,14,GDPR,1,Gender Studies,3,Geneal Management,1,General Management,1,Generative AI,9,Genetics,1,Geo Politics,105,Geography,2,Geoint,14,Geopolitics,11,Georgia,12,Georgian,1,geospatial,9,Geothermal,2,Germany,72,Ghana,3,Gibratar,1,Gig economy,1,Glaciology,1,Global Markets,1,Global Perception,1,Global Trade,101,Global Warming,1,Global Water Crisis,11,Globalization,3,Gold,5,Google,20,Gorkhaland,1,Government,129,Government Analytics,1,Government Bond,1,GPS,1,Greater Asia,185,Greece,14,Green Bonds,1,Green Energy,3,Greenland,1,Gross Domestic Product,2,GST,1,Gujarat,6,Gulf of Tonkin,1,Gun Control,4,Hacking,5,Haiti,2,Hamas,12,Hasan,1,Health,8,Healthcare,72,Heatwave,2,Helicopter,12,Heliport,1,Hezbollah,3,High Altitude Warfare,1,High Speed Railway System,1,Hillary 2016,1,Hillary Clinton,1,Himalaya,1,Hinduism,2,Hindutva,4,History,10,Home Security,1,Honduras,2,Hong Kong,7,Horn of Africa,5,Housing,17,Houthi,13,Howitzer,1,Human Development,32,Human Resource Management,5,Human Rights,7,Humanitarian,3,Hungary,3,Hunger,3,Hydrocarbon,3,Hydrogen,5,IAEA,2,ICBM,1,Iceland,2,ICO,1,Identification,2,IDF,1,Imaging,2,IMEEC,2,IMF,77,Immigration,21,Impeachment,1,Imran Khan,1,Independent Media,73,India,692,India's,1,Indian Air Force,19,Indian Army,7,Indian Nationalism,1,Indian Navy,28,Indian Ocean,25,Indices,1,Indigenous rights,1,Indo-Pacific,9,Indonesia,25,IndraStra,1,Industrial Accidents,4,Industrial Automation,2,Industrial Safety,4,Inflation,10,Infographic,1,Information Leaks,1,Infrastructure,3,Innovations,22,Insider Trading,1,Insurance,3,Intellectual Property,3,Intelligence,5,Intelligence Analysis,8,Interest Rate,4,International Business,13,International Law,11,International Relations,9,Internet,53,Internet of Things,35,Interview,8,Intra-Government,5,Investigative Journalism,4,Investment,33,Investor Relations,1,IPEF,1,iPhone,1,IPO,4,Iran,213,Iraq,54,IRGC,1,Iron & Steel,5,ISAF,1,ISIL,9,ISIS,33,Islam,12,Islamic Banking,1,Islamic State,86,Israel,154,ISRO,1,IT ITeS,136,Italy,10,Ivory Coast,1,Jabhat al-Nusra,1,Jack Ma,1,Jamaica,3,Japan,95,JASDF,1,Jihad,1,JMSDF,1,Joe Biden,8,Joint Strike Fighter,5,Jordan,7,Journalism,6,Judicial,4,Julian Assange,1,Justice System,3,Kamala Harris,3,Kanchin,1,Kashmir,10,Kaspersky,1,Kazakhstan,26,Kenya,6,Khalistan,2,Kiev,1,Kindle,700,Knowledge Management,4,Korean Conflict,1,Kosovo,2,Kubernetes,1,Kurdistan,8,Kurds,10,Kuwait,7,Kyrgyzstan,9,Labor Laws,10,Labor Market,4,Ladakh,1,Land Reforms,3,Land Warfare,21,Languages,1,Laos,2,Large language models,1,Laser Defense Systems,1,Latin America,84,Law,6,Leadership,3,Lebanon,12,Legal,11,LGBTQ,2,Li Keqiang,1,Liberalism,1,Library Science,1,Libya,14,Liechtenstein,1,Lifestyle,2,Light Battle Tank,1,Linkedin,1,Lithium,1,Lithuania,1,Littoral Warfare,2,Livelihood,3,Loans,11,Lockdown,1,Lone Wolf Attacks,3,Lugansk,2,Macedonia,1,Machine Learning,8,Madagascar,1,Mahmoud,1,Main Battle Tank,3,Malaysia,12,Maldives,13,Mali,7,Malware,2,Management Consulting,6,Manpower,1,Manto,1,Manufacturing,16,Marijuana,1,Marine Biology,1,Marine Engineering,3,Maritime,51,Market Research,2,Marketing,38,Mars,2,Martech,10,Mass Media,30,Mass Shooting,1,Material Science,2,Mauritania,1,Mauritius,3,MDGs,1,Mechatronics,2,Media War,1,MediaWiki,1,Medical,1,Medicare,1,Mediterranean,12,MENA,6,Mental Health,4,Mercosur,2,Mergers and Acquisitions,19,Meta,3,Metadata,2,Metals,4,Mexico,14,Micro-finance,4,Microsoft,12,Migration,19,Mike Pence,1,Military,113,Military Exercise,12,Military Service,2,Military-Industrial Complex,3,Mining,16,Missile Launching Facilities,6,Missile Systems,57,Mobile Apps,3,Mobile Communications,12,Mobility,4,Modi,8,Moldova,1,Monaco,1,Monetary Policy,6,Money Market,2,Mongolia,11,Monkeypox,1,Monsoon,1,Montreux Convention,1,Moon,4,Morocco,2,Morsi,1,Mortgage,3,Moscow,2,Motivation,1,Mozambique,1,Mubarak,1,Multilateralism,2,Mumbai,1,Muslim Brotherhood,2,Mutual Funds,2,Myanmar,30,NAFTA,3,NAM,2,Namibia,1,Nanotechnology,4,Narendra Modi,4,NASA,14,NASDAQ,1,National Identification Card,1,National Security,5,Nationalism,2,NATO,34,Natural Disasters,16,Natural Gas,33,Natural Language Processing,1,Nauru,1,Naval Aviation,1,Naval Base,5,Naval Engineering,24,Naval Intelligence,2,Naval Postgraduate School,2,Naval Warfare,50,Navigation,2,Navy,23,NBC Warfare,2,NDC,1,Nearshoring,1,Negotiations,2,Nepal,13,Netflix,1,Neurosciences,7,New Caledonia,1,New Delhi,4,New Normal,1,New York,5,New Zealand,7,News,1327,News Publishers,1,Newspaper,1,NFT,1,NGO,1,Nicaragua,1,Niger,3,Nigeria,10,Nikki Haley,1,Nirbhaya,1,Noble Prize,1,Non Aligned Movement,1,Non Government Organization,4,Nonproliferation,2,North Africa,23,North America,55,North Korea,60,Norway,5,NSA,1,NSG,2,Nuclear,41,Nuclear Agreement,32,Nuclear Doctrine,2,Nuclear Energy,7,Nuclear Fussion,1,Nuclear Propulsion,2,Nuclear Security,47,Nuclear Submarine,1,NYSE,2,Obama,3,ObamaCare,2,OBOR,15,Ocean Engineering,1,Oceania,2,OECD,5,OFID,5,Oil & Gas,388,Oil Gas,7,Oil Price,77,Olympics,2,Oman,25,Omicron,1,Oncology,1,Online Education,5,Online Reputation Management,1,OPEC,130,Open Access,1,Open Journal Systems,2,Open Letter,1,Open Source,4,OpenAI,2,Operation Unified Protector,1,Operational Research,4,Opinion,709,Opinon Poll,1,Optical Communications,1,Pacific,5,Pakistan,183,Pakistan Air Force,3,Pakistan Army,1,Pakistan Navy,3,Palestine,27,Palm Oil,1,Pandemic,84,Papal,1,Paper,3,Papers,110,Papua New Guinea,2,Paracels,1,Partition,1,Partnership,1,Party Congress,1,Passport,1,Patents,2,PATRIOT Act,1,Payment Orchestration,1,Peace Deal,6,Peacekeeping Mission,1,Pension,1,People Management,1,Persian Gulf,19,Peru,6,Petrochemicals,1,Petroleum,19,Pharmaceuticals,15,Philippines,19,Philosophy,2,Photos,3,Physics,1,Pipelines,6,PLA,2,PLAN,4,Plastic Industry,2,Poland,8,Polar,1,Policing,1,Policy,8,Policy Brief,6,Political Studies,1,Politics,56,Polynesia,3,Pope,1,Population,7,Portugal,1,Poverty,8,Power Transmission,6,Preprint,1,President APJ Abdul Kalam,2,Presidential Election,35,Press Release,158,Prison System,1,Privacy,18,Private Debt Fund,1,Private Equity,3,Private Military Contractors,2,Privatization,1,Programming,1,Project Management,4,Propaganda,5,Protests,14,Psychology,3,Public Policy,55,Public Relations,1,Public Safety,7,Publications,1,Publishing,8,Purchasing Managers' Index,1,Putin,7,Q&A,1,Qatar,114,QC/QA,1,Qods Force,1,Quad,1,Quantum Computing,4,Quantum Physics,4,Quarter Results,2,Racial Justice,2,RADAR,2,Rahul Guhathakurta,4,Railway,9,Raj,1,Ranking,4,Rape,1,RBI,1,RCEP,2,Real Estate,7,Recall,4,Recession,2,Red Sea,6,Referendum,5,Reforms,18,Refugee,23,Regional,4,Regulations,2,Rehabilitation,1,Religion,1,Religion & Spirituality,9,Renewable,18,Report,4,Reports,53,Repository,1,Republicans,3,Rescue Operation,2,Research,5,Research and Development,25,Restructuring,1,Retail,36,Revenue Management,1,Revenue-based Financing,1,Rice,1,Risk Management,5,Robotics,8,Rohingya,5,Romania,3,Royal Canadian Air Force,1,Rupee,1,Russia,327,Russian Navy,6,Saab,1,Saadat,1,SAARC,6,Safety,1,SAFTA,1,SAM,2,Samoa,1,Sanctions,6,SAR,1,SAT,1,Satellite,14,Saudi Arabia,130,Scandinavia,6,Science & Technology,407,Science Fiction,1,SCO,5,Scotland,6,Scud Missile,1,Sea Lanes of Communications,4,SEBI,4,Securities,2,Security,6,Semiconductor,21,Senate,4,Senegal,1,SEO,5,Serbia,4,Services Sector,1,Seychelles,3,SEZ,1,Shadow Bank,1,Shale Gas,4,Shanghai,1,Sharjah,12,Shia,6,Shinzo Abe,1,Shipping,11,Shutdown,2,Siachen,1,Sierra Leone,1,Signal Intelligence,1,Sikkim,5,Silicon Valley,1,Silk Route,6,Simulations,2,Sinai,1,Singapore,17,Situational Awareness,20,Small Modular Nuclear Reactors,1,Smart Cities,7,Smartphones,1,Social Media,1,Social Media Intelligence,40,Social Policy,40,Social Science,1,Social Security,1,Socialism,1,Sociology,1,Soft Power,1,Software,8,Software Engineering,1,Solar Energy,17,Somalia,5,South Africa,20,South America,55,South Asia,496,South China Sea,36,South East Asia,84,South Korea,66,South Sudan,4,Sovereign Wealth Funds,1,Soviet,2,Soviet Union,9,Space,47,Space Station,3,Spaceflight,1,Spain,9,Special Education,1,Special Forces,1,Sports,3,Sports Diplomacy,1,Spratlys,1,Sri Lanka,25,Stablecoin,1,Stamps,1,Startups,43,State,1,State of the Union,1,Statistics,1,STEM,1,Stephen Harper,1,Stock Markets,29,Storm,2,Strategy Games,5,Strike,1,Sub-Sahara,4,Submarine,16,Sudan,6,Sunni,6,Super computing,1,Supply Chain Management,48,Surveillance,13,Survey,5,Sustainable Development,18,Swami Vivekananda,1,Sweden,4,Switzerland,6,Syria,112,Taiwan,34,Tajikistan,12,Taliban,17,Tamar Gas Fields,1,Tamil,1,Tanzania,4,Tariff,5,Tata,3,Taxation,25,Tech Fest,1,Technology,13,Tel-Aviv,1,Telecom,24,Telematics,1,Territorial Disputes,1,Terrorism,78,Testing,2,Texas,3,Thailand,12,The Middle East,664,Think Tank,317,Tibet,3,TikTok,2,Tim Walz,1,Tobacco,1,Tonga,1,Total Quality Management,2,Town Planning,3,TPP,2,Trade Agreements,14,Trade War,10,Trademarks,1,Trainging and Development,1,Transcaucasus,22,Transcript,4,Transpacific,2,Transportation,47,Travel and Tourism,16,Tsar,1,Tunisia,7,Turkey,75,Turkmenistan,10,U.S. Air Force,3,U.S. Dollar,2,UAE,140,UAV,23,UCAV,1,Udwains,1,Uganda,1,Ukraine,116,Ukraine War,29,Ummah,1,UNCLOS,7,Unemployment,2,UNESCO,1,UNHCR,1,UNIDO,2,United Kingdom,86,United Nations,29,United States,787,University and Colleges,4,Uranium,2,Urban Planning,10,US Army,12,US Army Aviation,1,US Congress,1,US Dollar,1,US FDA,1,US Navy,18,US Postal Service,1,US Senate,1,US Space Force,2,USA,16,USAF,22,USV,1,UUV,1,Uyghur,3,Uzbekistan,13,Valuation,1,Vatican,3,Vedant,1,Venezuela,22,Venture Capital,4,Vibrant Gujarat,1,Victim,1,Videogames,1,Vietnam,26,Virtual Reality,7,Vision 2030,1,VPN,1,Wahhabism,3,War,1,War Games,1,Warfare,1,Water,18,Water Politics,8,Weapons,11,Wearable,2,Weather,2,Webinar,1,WeChat,1,WEF,3,Welfare,1,West,2,West Africa,19,West Bengal,2,Western Sahara,2,Whales,1,White House,1,Whitepaper,2,WHO,3,Wholesale Price Index,1,Wikileaks,2,Wikipedia,3,Wildfire,1,Wildlife,3,Wind Energy,1,Windows,1,Wireless Security,1,Wisconsin,1,Women,10,Women's Right,14,Workers Union,1,Workshop,1,World Bank,39,World Economy,33,World Peace,10,World War I,1,World War II,3,WTO,6,Wyoming,1,Xi Jinping,9,Xinjiang,2,Yemen,29,Yevgeny Prigozhin,1,Zbigniew Brzezinski,1,Zimbabwe,2,
ltr
item
IndraStra Global: Australian Health Insurance Reform: Challenges and Opportunities
Australian Health Insurance Reform: Challenges and Opportunities
By Shaini Sivagnanam | Actuarial Manager, CBHS Health Fund
https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgsQ2On79PCdEijHt0PhpUDuQm-kd_sRWxsFgYE1Y1AveIs5yVkt9EMCYcFPnlZJHvSbsdjHkTxnvB2PmfIIZEw8OauhJYmMsZ0DelrS2BrkNj9EBtVVX-tdmywZVPSVBlGH9nAnuwnr20/s640/hospital-840135_960_720.jpg
https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgsQ2On79PCdEijHt0PhpUDuQm-kd_sRWxsFgYE1Y1AveIs5yVkt9EMCYcFPnlZJHvSbsdjHkTxnvB2PmfIIZEw8OauhJYmMsZ0DelrS2BrkNj9EBtVVX-tdmywZVPSVBlGH9nAnuwnr20/s72-c/hospital-840135_960_720.jpg
IndraStra Global
https://www.indrastra.com/2018/09/Australian-Health-Insurance-Reform-Challenges-Opportunities-004-09-2018-0008.html
https://www.indrastra.com/
https://www.indrastra.com/
https://www.indrastra.com/2018/09/Australian-Health-Insurance-Reform-Challenges-Opportunities-004-09-2018-0008.html
true
1461303524738926686
UTF-8
Loaded All Posts Not found any posts VIEW ALL Readmore Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS PREMIUM CONTENT IS LOCKED STEP 1: Share to a social network STEP 2: Click the link on your social network Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy Table of Content