Posted by Michael Wonder on 15 Jul 2019
Private health care facing 'death spiral' if young, healthy users abandon insurance, report says
16 July 2019 - Australia's health care system has become increasingly unfair, costly and confusing, according to a new report, which has declared the Federal Government is facing an impending crisis which can only be averted by urgent reform.
The Grattan Institute report paints a bleak picture of the private health system, saying it has become "riddled with inconsistencies and perverse incentives".
It said if current trends continue, Australia will find itself in a "death spiral", where young and healthy people abandon private health cover, leaving a larger proportion of unhealthier, older and expensive users.
