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Hospitals Struggle as Insurers Profit | Australia News
Description
Twenty private hospitals have shut down nationwide, with many cutting vital mental health and maternity services — leaving patients desperate and staff burned out. Despite two years of government promises and Health Minister Mark Butler’s public blame on insurers for hoarding profits, nothing’s changed. Insurers rake in over $2 billion annually, yet pay hospitals less than 83% of premiums collected — falling far short of the 90% target. With no transparency and no accountability, the system is collapsing. It’s time for the government to enforce a mandatory code of conduct, backed by ACCC oversight, to ensure hospitals get paid fairly — and patients get the care they deserve.
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