Private Health Insurance Benefits Paid to Members
The benefits paid out on behalf of members by Private Health Funds in 2010 totalled $12.5 billion. This was an increase of 8.1% on the previous 12 months. Private Health Funds are forecast to inject more than $13 billion into Australia’s health care system in 2011.
The table below shows what Funds paid for their Member’s Healthcare by State/Territory.
The Private health care sector is a major contributor to Australia’s health system, performing 59%* of surgical procedures in Australia, including:
- 56% of major procedures for malignant breast conditions;**
- 60% of chemotherapy treatment;**
- 65% of major joint replacements; and**
- 81% of same-day mental health procedures.**
* Australian Institute of Health and Welfare (AIHW) 2011. Australian Hospital Statistics 2009-10.
** Australian Institute of Health and Welfare (AIHW) 2010. Australian Hospital Statistics 2008-09.
Comments
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I am looking for the figures for the latest update on benefits paid for 2010 – 2011.
Can you please tell me if these have been released?
Thanks.
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Hi Michelle,
yes these have been released are on the PHIAC website in the annual report and also in the Industry Stats section.
Insurers paid $9 701 million in hospital treatment benefits during 2010–11, an increase of 8.1% from 2009–10.
Insurers paid $3 224 million in benefits for all general treatment services—an increase of 6.5% from 2009–10.Links to more info are below
http://www.phiac.gov.au/resources/file/Annual%20Report%20on%20Operations%202010-11%20web%20version.pdf
http://www.phiac.gov.au/about-phiac/publications/annual-report/
http://www.phiac.gov.au/for-industry/industry-statistics/Regards
Mia
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Are they mad, the public system cannot cope now, so where do they think the people who will have to forfeit their private health cover go now. It will just put more pressure on the public health system.
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Can anyone tell me what the total health care costs are for the Australian population per year?
I wish to use that dollar figure in a paper I am preparing.
Thanks-
Hi Jim,
The AIHW produces statistics on health expenditure in Australia.
See attached link to 08/09 data
http://www.aihw.gov.au/publication-detail/?id=6442472450
Mia
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We pay a lot to take responsibility for our own health by paying Medical Insurance and still have to pay on top of that if we need any medical attention. Taking away the rebate or means testing it will only make more people opt to just pay the medicare levy. How is that helping the govt save money? The Govt policies so far haven’t saved us anything.
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As a single pensioner trying to retain health insurance, I will find it impossible to manage if the rebate is removed. That will add one more person to the already over-stressed and over-stretched public health system. We should be making it easier for people to remain in the private health system, not force them out!
Have your say
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9 February 2013
People on the Public Health System can’t get treatment now, so how hard will it be if this irresponsible government is going to make us pay more for Private Health Insurance. This Government is a joke, they couldn’t run a Chook Raffle.