Thursday, March 1, 2012

Fed: Patterson confirms health fund price rises = 2

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Fed: Patterson confirms health fund price rises = 2

The opposition said the premium hike could cost families between an extra $150 to $250 per year.

"These approvals are still double the inflation rate; they are in the context of $150to $250 per family per year," opposition health spokesman Stephen Smith told ABC Radio.

Senator Patterson said an average family policy would increase by $2.66 per week.

She said the government had approved the increases because funds had a backlog of claimsafter waiting periods expired for the large numbers who joined due to the Lifetime HealthCover policy and the 30 per cent rebate.

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