Comparing health insurance systems - universal, public and private

Brenton H.

While it is important that health insurance companies are run ethically & efficiently & look after their members it is also worth noting that “profit” is not a dirty word & organisations that make profits are often the most efficiently run & produce the best service. It is necessary to remember that the wonderful treatments that are continually being developed for previously untreatable illnesses involving very expensive research into drugs & hardware will always mean that premiums will increase at a rate higher than inflation. People often criticise the funds for not giving value for money, but forget that like all insurance schemes they can only work if the fortunate members that don’t need to claim support those that do. After all we don’t periodically burn our house down or crash our car just to get some so called value back for the premiums we pay. I would like to see Choice clearly make this point rather than continually promote discontent with the world leading Australian health system in which private health plays a vitally important role. To do otherwise will slowly ensure its gradual decline & eventual demise.
I have no interest in any private health fund apart from being a longstanding satisfied BUPA member.

1 Like