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LATEST NEWS
UPDATED 3 APRIL 2002

NEWS - INSURANCE
INDEXNOV 01DEC 01JAN 02FEB 02MAR 02APR 02LATEST

Will the 30% rebate stay?
8 Feb 2002

The Federal Government indicated yesterday that they remain committed to the 30 per cent rebate and that there would be no change to the scheme.

A spokesperson representing 60 Catholic hospitals said the government could save over $300 million by removing the rebate off ancillary cover – ancillary cover includes cover for dental and optical services as well as things like physiotherapy. The 30 per cent rebate scheme currently costs the government about $2 billion each year.

Yesterday the Federal Health Minister Kay Patterson twice declined to rule out the possibility of removing the rebate. However, her office later released a statement saying the government would honour its election commitment to the full 30 per cent rebate.

The Australian Financial Review, p6, 8/2/02.

by Karen Hawkins
Previous News Items:
6 Feb 2002 | Concern over health funds merger
5 Feb 2002 | Secret talks for health fund merger
4 Feb 2002 | Medibank Private seeks to increase premiums
21 Jan 2002 | Natural disasters will drive up insurance premiums
18 Jan 2002 | 30% rebate fails to lure members


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