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Increase on health insurance premiums to take effect this April 2018

Medibank Private's full-year profit has risen 7.6 per cent to $449.5 million, but the private health insurer has flagged tough conditions in the year ahead. Images of Medibank Docklands building in Melbourne, Friday, August 25, 2017. (AAP Image/Stefan Po

Source: AAP

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The government says this year's increase in health insurance premiums will be the lowest in seventeen years. But the increase, which takes effect in April will still cost the average family around $200 more.

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