Navigation Links
$3bn Rebate Scheme – Is Australia Making a Prudent Move

Not many people justify the healthcare scheme proposed by the Australian Federal government. The government is spending precious $3 billion dollars// to get more people to opt for private health insurance; yet this plan is not having the desired effect. Many Australians still swear by public hospital, a report has shown.

Dr Agnes Walker, chief researcher at the Australian Centre for Economic Research on Health, explained the benefits of doing away with the 30 per cent private health insurance rebate. According to Dr Walker, this would only bring a 0.3 per cent increase in the number of public hospital patients during a ten year timeframe. "The rebate was brought in with the stated aim of reducing load on public hospitals. When you look at the evidence, it didn't do that," Dr Walker said.

Employing computer modeling, the predicted number of patients likely to patronize public hospitals was forecast. The impact of lifetime health cover was also studied.

With the existing policy, it was found that the number of hospital patients in public hospitals is bound to increase. Had the 30% rebate been done away with in 2004, the increase would have been a mere 0.3 %. But if both the rebate and lifetime health cover had been done away with, the benefit would be a lot better at 12.8 per cent.

Dr Walker said, “Our simulations indicate that most of the reduction in demand for public hospitals is due to lifetime health cover, and not to the 30 per cent rebate, which was the policy with the stated aim of reducing the load on public hospitals. This finding is important as lifetime health cover involves no government subsidies whereas the 30 per cent rebate costs around $3 billion per year.”

Dr Walker felt the benefits of lifetime health cover has indeed enthused the younger lot to enroll for private insurance vis a vis the rebate, which is comparatively lackluster. Labor recently gave its nod for the rebate, and also said i t would press for higher rebates going up to 40 per cent for senior Australians. /
'"/>




Related medicine news :

1. Health Care Costs Unaffected by Rebate
2. New Rebate a Win For Intellectually Disabled
3. Dentists Not Lured By Golden Hello Scheme In The UK
4. Health Insurance Scheme Generates Conflicting Opinions
5. New Health Scheme Launched In India’s Biha
6. New UK Policy Threatens The Flexible Working Scheme
7. Referral Schemes Blamed By GPs For Treatment Delay
8. Hospital Withdraws McDonalds Reward Scheme
9. New Healthcare Scheme For Rural Areas Launched
10. NHS Billions Spent on High Cost Computer Scheme
11. SC Clears Deck For Implementation Of Nutrition Scheme
Post Your Comments:
*Name:
*Comment:
*Email:


(Date:6/25/2016)... ... June 25, 2016 , ... First Choice Emergency Room ... Dr. Sesan Ogunleye, as the Medical Director of its new Mesquite-Samuell Farm facility. ... of our new Mesquite location,” said Dr. James M. Muzzarelli, Executive Medical Director of ...
(Date:6/25/2016)... ... ... Conventional wisdom preaches the benefits of moderation, whether it’s a matter of indulgence ... high can result in disappointment, perhaps even self-loathing. However, those who set the bar ... from PsychTests.com reveals that behind the tendency to set low expectations is ...
(Date:6/24/2016)... ... ... Marcy was in a crisis. Her son James, eight, was out of control. Prone to ... , “When something upset him, he couldn’t control his emotions,” remembers Marcy. “If there ... my other children and say he was going to kill them. If we were ...
(Date:6/24/2016)... ... 24, 2016 , ... Comfort Keepers® of San Diego, CA is excited to ... Recovery® program to drive cancer patients to and from their cancer treatments. Comfort ... quality of life and ongoing independence. Getting to and from medical treatments is ...
(Date:6/24/2016)... New York, NY (PRWEB) , ... June 24, ... ... lifestyle publication Haute Living, is proud to recognize Dr. Barry M. Weintraub as ... believes that “the most beautiful women in the world, and the most handsome ...
Breaking Medicine News(10 mins):
(Date:6/24/2016)... , June 24, 2016 Dehaier Medical ... the "Company"), which develops, markets and sells medical devices ... , signed a strategic cooperation agreement with Hongyuan ... "Hongyuan Supply Chain") on June 20, 2016, to develop ... the strategic cooperation agreement, Dehaier will leverage Hongyuan Supply ...
(Date:6/24/2016)... Mass. , June 24, 2016   Pulmatrix, ... pharmaceutical company developing innovative inhaled drugs, announced today that ... Russell Investments reconstituted its comprehensive set of ... "This is an important milestone for Pulmatrix," ... will increase shareholder awareness of our progress in developing ...
(Date:6/23/2016)... Research and Markets has announced the ... to 2022" report to their offering. ... patients with kidney failure, it replaces the function of kidneys ... blood and thus the treatment helps to keep the patient ... Increasing number of ESRD patients & substantial ...
Breaking Medicine Technology: