Ptivate Health Insurance on Decline

A survey commissioned by the Medical Technology Association of Australia ((MTAA)) has looked at some of the barriers preventing people from taking up private health insurance.

Government boasts "lowest annual average premium" change for consumers since 2001 at 2.74 per cent. Source: SBS

A survey of 1000 adults undertaken by YouGov Galaxy for the Medical Technology Association of Australia found the cost of premiums followed by a lack of value for money and out of pocket expenses were the leading reasons for people dropping out of, or failing to take up cover in the first place.