Health Minister Mark Butler rejects insurers' 6% premium hike request, citing election and cost concerns.

Health Minister Mark Butler has declined private health insurers' request to raise premiums by up to 6%, citing the upcoming federal election and cost-of-living concerns. Butler, who can approve annual premium increases for about 14 million Australians, asked insurers to resubmit their proposals. Last year, premiums increased by an average of 3.03%, while insurers claim their costs have risen by 8-10%.

2 months ago
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