Posted by Michael Wonder on 06 Feb 2017
Australian families reconsider having health insurance with premiums tipped to rise
6 February 2017 - Many health insurance customers will reconsider whether it’s worthwhile having cover if prices continue to climb significantly come April 1.
It’s expected the Federal Government will allow premiums to rise for the 16th year in a row again, hitting households hard as the increases are typically well above inflation.
In 2016 the average premium rose by 5.59% but rises vary depending on the fund and product.
