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Labor promises to cap increases in private health insurance premiums at two per cent, if elected

The Leader of the Opposition, Bill Shorten during a visit to Vermont Private Hospital in Melbourne, Sunday, February 4, 2018. Labor are planning on making Private Health insurance more affordable to Australian's. (AAP Image/David Crosling) NO ARCHIVING

The Leader of the Opposition, Bill Shorten during a visit to Vermont Private Hospital in Melbourne, Source: AAP

Labor is promising families they will save hundreds of dollars a year under its plan to stop price increases on private health insurance. Opposition Leader Bill Shorten says a proposal to cap premiums shows Labor is the only party that has a "fair dinkum" plan to deal with cost of living pressures. A Labor government would cap private health insurance increases to two per cent for two years compared with a 10-year average of 5.5 per cent, saving a family $ 344. This feature reveals more details.



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