Major reforms to private health insurance have been introduced, including a new classification system, which divides insurance into four distinct tiers.
Premiums will increase by an average of 3-point-2-5 [[3.25%]] per cent this year, which is above the rate of inflation, and more than wages growth.
Under the changes, each new private health insurance policy will be in one of four product tiers.
Gold offers all 38 categories of hospital services, Silver covers 26 categories while Bronze covers 18 and Basic covers little if any.
The new classification system is designed to make it easier for people to see exactly what's covered and to find the right policy.
Under the reforms, there's no longer extras coverage for the following natural therapies: Aromatherapy, Western Herbalism, Kinesiology, Pilates, Shiatsu, Tai Chi and Yoga.
The federal government hopes removing such cover will help to limit premium increases in the future.
