Health Insurance

Medlab (ASX:MDC) sells Australian Nutraceutical business to PharmaCare

 Medlab (ASX:MDC) sells Australian Nutraceutical business to PharmaCare

Highlights Medlab has announced the sale of the Australian nutraceutical business to the leading pharmacy – PharmaCare. Medlab decided to sale the Australian business because business was not able to cover the cost of distribution. With ...

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How are Australia’s Insurance Players ASX:MPL and ASX:NHF Placed After FY20?

How are Australia’s Insurance Players ASX:MPL and ASX:NHF Placed After FY20?

Summary COVID-19 has presented a mixed bag of challenges and opportunities for the insurance sector with the rising need for protection. Medibank Private Ltd has delivered against its overarching strategy and introduced access to telehealth ser...

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Basics of Health Insurance: Here is what you should know

Basics of Health Insurance: Here is what you should know

Summary Australia’s private health insurance industry is extensive with nearly 40 players insurers. Three types of private health insurance are available in the country - hospital policy, general treatment, and ambulance policy. The citi...

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Public vs Private Health Insurance in Australia

Public vs Private Health Insurance in Australia

Sticking to your public insurance or getting a new private health policy with a range of benefits is one of the most critical doubts Australians have before they turn 31. When the government introduced the Lifetime Health Cover (LHC), more youngst...

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What are the top healthcare insurance providers in Australia?

What are the top healthcare insurance providers in Australia?

Summary Australia has 38 insurance providers, with 23 of them being members of Private Healthcare Australia. Each insurer offers different coverage at different prices. As every individual has specific requirements, it is difficult to predict w...

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What should the best health insurance for seniors look like?

What should the best health insurance for seniors look like?

Retirees are more likely to visit a hospital either due to an illness or an injury. Surgeries and hospital admissions eventually become a part of the regular day in most cases. To enhance their quality of life, seniors need access to high-quality m...

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What should you look for in a health policy if you are over 65?

What should you look for in a health policy if you are over 65?

Summary The older generation has a lot on its mind when on the verge of retirement – private health insurance being in the list’s top five. Seniors are advised to take out insurance packages that offer more extras within the policy,...

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Latest Development in the Health Insurance Space; Flick Through Bupa, HBF Health and HCF

Latest Development in the Health Insurance Space; Flick Through Bupa, HBF Health and HCF

Summary Health insurance companies have increased the private health insurance premiums from 1 October 2020 with further revisions likely in April 2021. Bupa disclosed that it had started reopening its Victorian Health Insurance stores, impleme...

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Do seniors need private health insurance, or is Medicare enough?

Do seniors need private health insurance, or is Medicare enough?

Should I opt for private health insurance? Is Medicare enough for my needs? Seniors and pensioners often grapple with these questions. The answers to these questions can vary depending on an individual’s situation. While some seniors may fee...

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How much does private health insurance cost?

How much does private health insurance cost?

Do I need private health insurance? How much is it going to cost? Is it worth it? These are some of the many questions that go through people’s minds before buying a private insurance policy. As private insurers usually charge a lot of money f...

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What is an Overseas Visitor Health Cover?

What is an Overseas Visitor Health Cover?

Summary All tourists and visitors in Australia are advised to take Overseas Visitor Health Cover. In specific cases, one might need health insurance based on one’s visa conditions. OVHC is a tailored healthcare policy for tourists that do...

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