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With the cost of caring for the elderly increasing, and the population ageing, Australia needs new sources of funding for aged care. In many parts of the world some of the cost is borne by private insurance, and new research shows there is demand for this in Australia as well.
The newfound freedom and opportunities provided by retirement can be liberating. Still, it’s natural to experience some ups and downs at various stages of your post-work journey. The good news is, you’re probably not alone in your experiences.
Public patients are being bumped down the elective surgery queue in public hospitals in favour of those using private health insurance to foot the bill. New official figures have revealed for the first time how elective surgery wait times in public hospitals vary depending on who is paying for the procedure.
First time cruisers are urged to take out travel insurance
Hip and knee replacements were among the most common procedures and ailments claimed by privately insured patients last financial year, according to a new Medibank report.
Whether you’re planning a sea change, a tree change or staying put, it’s vital to understand the hazards your home faces and what that means for your insurance needs, writes Campbell Fuller. With their multi-million-dollar homes perched on dunes just metres from one of Sydney’s most prestigious beaches, the residents of Collaroy seemed to have …
An important aspect of the Australian super system is that it provides a range of benefits with one of the biggest being the provision of automatic insurance cover, explains Pauline Vamos from the Association of Superannuation Funds Australia. This means that the majority of people working have access to a basic level of life, Total …