AMA Highlights Declining Value in Private Health Insurance

Rising Premiums and Narrowing Coverage Prompt Calls for Reform

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The Australian Medical Association (AMA) has released a report indicating that private health insurance is increasingly failing to deliver value for money.

The report highlights that premiums have risen sharply, outpacing inflation and wage growth, while nearly 70% of policies now contain exclusions for specific treatments or conditions.

AMA President Danielle McMullen stated that Australians are paying more for their private health insurance but receiving less value in return. The AMA has called for insurers to pay 90% of their earnings directly into patient healthcare and for the establishment of an independent authority to oversee the health insurance sector.

For professionals in the beauty industry, this trend may impact decisions regarding health insurance coverage for themselves and their employees. It's crucial to stay informed about policy changes and consider options that provide comprehensive coverage without unnecessary exclusions.

Published:Thursday, 25th Dec 2025
Source: Paige Estritori

Please Note: If this information affects you, seek advice from a licensed professional.

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Knowledgebase

Grace Period:
A set amount of time after the premium is due during which a policyholder can make a payment without the insurance coverage lapsing.

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