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April 29, 2008

ACCC report on anti-competitive practices by health funds or providers

The ACCC has released its 2006-2007 report to the Senate of ‘any anti-competitive practices by health funds or providerswhich reduce the extent of health cover for consumers and increase their out-of-pocket medical and other expenses’.

The report covers:

  • Portability of health fund membership
  • contracts and contract negotiation between hospitals and health funds
  • the availability of useful consumer information on private health insurance products and health services

The Report noted a decrease in the overall complaints and inquiries received by the ACCC and the Private Health Insurance Ombudsman.

It has a useful overview of Australia’s health fund market (although this has since changed with the public listing of NIB and the prposed demutualisation of MBF).

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Posted 29th April 2008 by David Jacobson in Insurance