Keeping Private Health Insurance affordable

Date1st July 2013

Is it time for the least bad option?

Published in Actuaries, July 2013, the Finity health insurance team have delved into the affordability of private health cover for Australians.

If Private Health Insurance (PHI) is to be kept affordable to Australians, the industry will need to find a way to keep the young, health people taking up PHI cover. Having older people, rather than the younger generation, pay a bit more than they do today, whilst difficult, may be the least bad option...