From 2018 private health insurance premiums could deliver more value after the Federal Government moved to change the way it prices hip and knee replacements. Prostheses such as artificial hips and knees contribute to around 14 per cent of hospital benefits paid by private health insurers.
In light of Cyclone Debbie impacting on Queenslanders and our Members across the State, I wanted to write to you to extend our thoughts, and a reminder that we’re here to help.
Celebrating 40 years of health and happiness. Did you know we were first established back in 1977 as the MIM Employees' Health Society?
The benefits we paid in the past 12 months to some public hospitals have increased by more than 40% and unfortunately this directly contributes to higher premiums for our Members.
This measure will continue to pause the income thresholds at which people qualify for the Government’s private health insurance premium rebate. This pause will continue from 1 July 2018 until 30 June 2021.