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Australian government approves 3.73% health insurance premium hike, affecting 15 million.
The Australian government has approved a 3.73% increase in private health insurance premiums, effective April 1.
This is lower than the 6% sought by some insurers like nib, which will see a 5.79% rise.
The hike is due to higher hospital costs and contract renewals, and is expected to result in a $2.2 billion windfall for insurers.
The move affects 15 million Australians and follows multiple submissions by insurers.
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El gobierno australiano aprueba un aumento de las primas del seguro médico del 3,73%, que afecta a 15 millones.