NSW health authorities accuse private insurers of underpaying public hospital bed costs by $140m annually.
New South Wales (NSW) health authorities allege that private health insurers are underpaying for public hospital bed costs, leading to an annual loss of $140 million. Of 53 insurers, 44 comply with fair payment, while some large, for-profit insurers contribute significantly less. The average bed cost is $1,075 per day, with the government charging insurers $892. NSW officials warn that this cost-shifting to taxpayers is unsustainable and may prompt further action if unresolved.
September 29, 2024
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