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HMS, HAG EQ-Bank 188

Describe the main reasons why Australians choose private health insurance.   (3 marks)

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  • Private health insurance provides shorter waiting times for elective surgery and specialist appointments compared to public healthcare services.
  • Patients can choose their preferred doctor and hospital for treatment, offering greater control over their healthcare decisions.
  • Insurance covers ancillary services like dental care, physiotherapy and chiropractic treatment that Medicare does not fund.
  • Private rooms in hospitals provide increased privacy and comfort during treatment and recovery periods.
  • Tax benefits include rebates for insurance premiums and avoiding the Medicare levy surcharge for higher income earners.
Show Worked Solution
  • Private health insurance provides shorter waiting times for elective surgery and specialist appointments compared to public healthcare services.
  • Patients can choose their preferred doctor and hospital for treatment, offering greater control over their healthcare decisions.
  • Insurance covers ancillary services like dental care, physiotherapy and chiropractic treatment that Medicare does not fund.
  • Private rooms in hospitals provide increased privacy and comfort during treatment and recovery periods.
  • Tax benefits include rebates for insurance premiums and avoiding the Medicare levy surcharge for higher income earners.

Filed Under: Healthcare expenditure Tagged With: Band 3, smc-5482-20-Private insurance

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