In an era marked by rapidly evolving healthcare landscapes, it’s imperative to examine existing policies and explore avenues for improvement. This article explores the review of incentives for participation in…
APRA’s new capital framework for Private Health Insurance is in effect from 1 July 2023. The new standards aim to strengthen risk sensitivity, improve comparability across insurers (more prescriptive) and…
Private health insurers paid less in claims during the COVID-19 pandemic due to the suspension of elective surgeries and lower utilisation of extras such as dental and optical. Some claims…
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…
