Private health insurance changes 'will lead to premium hikes'

Grattan Institute warns that prices could rise for policies that fall into ‘silver’ category

New rules designed to simplify private health insurance will leave thousands of consumers facing significant premium increases, the Grattan Institute has warned.

From April many of the 70,000 existing private health insurance policies will fall into a gold, silver, bronze and basic classification system, which will also feature “plus” versions of those categories. Thousands of “junk” policies will be scrapped.

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from The Guardian https://ift.tt/2C8om5e
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