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Health insurance in Australia is community rated; health funds cannot take age, gender, pre-existing conditions or other underlying risk factors into account in the calculation of premiums. The largest health fund with a 26.9% market share is Medibank. Medibank was set up to provide competition to private "for-profit" health funds.
Health insurance companies of Australia (1 P) Pages in category "Health insurance in Australia" ... Health Insurance Fund; M. Medibank; N. Nib Health Funds; P.
The Hospitals Contribution Fund of Australia, commonly referred to as HCF, is an Australian private health insurer headquartered in Sydney, New South Wales.Founded in 1932, it has grown to become one of the country's largest combined registered private health fund and life insurance company.
The study authors note that the Commonwealth Fund — a private U.S. group that studies health care systems with the aim of improving access and outcomes — rates Australia’s health care system ...
Health insurance companies of Australia (1 P) Pages in category "Insurance companies of Australia" The following 40 pages are in this category, out of 40 total.
In 1944, the Curtin Labor government passed the Pharmaceutical Benefits Act 1944 [1] [2] as part of a wider plan to create a British-style National Health Service.The Act was an extension of the similar Repatriation Pharmaceutical Benefits Scheme established in 1919 for Australian servicemen and women who had served in the Boer War and World War I.
In 2010, the fund changed its name to Health Insurance Fund of Australia Limited to reflect its nationally expanding client base. Also in 2010, data published by the Private Health Insurance Administration Council (PHIAC) revealed HIF to be the fastest growing not-for-profit Australian health fund for that financial year.
Medibank began as an Australian Government private health insurance scheme, established by the Whitlam government in 1975 through the Health Insurance Commission. [4] In its original form, it was a universal health insurance programme funded through taxation, that also ensured free treatment at public hospitals and provided subsidies to private hospitals.