After many years of development and engagement from APRA with insurers and the Actuaries Institute, new capital standards for Private Health Insurance (PHI) are just around the corner, coming into…
In the context of rising health costs (with growth rates of 5-6% per annum), APRA has reviewed 15 Private Health Insurers (PHI) on their resilience to Sustainability Challenges and found room for improvement.
New Private Health Insurance (PHI) reforms that will come into effect on 1 April 2019 will present health insurers with a range of challenges and opportunities. Shaini Sivagnanam reports.
The interaction of reforms to categorise all hospital insurance products into Basic, Bronze, Silver and Gold with the commercial and political environment will require careful planning and detailed risk assessment, writes Barry Leung.
Posted 20 July 2018
