Greater choice in private health insurance products
From April 2007, private health funds will be able to offer broader health insurance.
This means funds will be able to pay benefits for a wider range of services effectively removing the current boundary between "hospital" and "ancillary" insurance. The change is not expected to have an impact on the premiums people have to pay.
These changes will be supported by allowing Outreach Hospital in the Home services to be covered by the broader health cover; the introduction of a uniform quality and safety regime for all privately insured services; and new risk equalisation arrangements.
As a result, the needs of Australians will be better met