The cost of private health insurance is on the rise, and researchers at the Grattan Institute say “greedy” doctors, unnecessary care and inefficient private hospitals are to blame.
“Private health insurance will continue its death spiral unless excessive private health costs and specialist bills are reined in,” said a report released today.
Researcher Stephen Duckett said premiums could be reduced by 2 billion dollars per year if doctors focus on treating patients, rather than keeping them longer than necessary.