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Flight from top health cover ‘an existential threat’

Flight from top health cover ‘an existential threat’

The rigid tiering of gold, silver and bronze basic levels of health insurance has made building a sustainable model for affordable top hospital cover “very difficult”, with warnings it could threaten the existence of the health insurance sector. “The trouble is that gold contains the cover for mental health and for maternity care, and if …read more

Rise in workers’ claims pushing business insurers to the brink

Rise in workers’ claims pushing business insurers to the brink

Workers’ compensation scheme reforms in NSW and Victoria have yet to have an impact on the soaring cost of business insurance, said Australian Industry Group CEO Innes Willox. Driven by a spike in mental health claims, particularly in the fields of healthcare and the public sector, workers’ compensation costs continue to outrun the reforms, he …read more