Posted by Michael Wonder on 19 May 2020
Almost 10,000 Australians drop private health insurance during pandemic
19 May 2020 - Private health funds are urging Australians to keep their cover after a fall in membership during the coronavirus pandemic, with job losses and elective surgery restrictions hitting insurers' bottom lines as experts predict even sharper falls.
The latest data from the Australian Prudential Regulation Authority, released on Tuesday, shows 9760 fewer Australians had private health insurance by the end of March compared with three months earlier.
The largest fall was among members aged between 30 and 34.
