The only way that private hospital insurance can survive as Australia’s population ages is to make insurance cheaper for younger, healthier people.
Younger consumers are spending more on private hospital insurance but getting less value for their money. The industry faces a demographic death spiral as costs for older people rise and younger people leave.
Listen to Grattan Institute's Health Program Director Stephen Duckett discuss with Kat Clay how to stop this death spiral and reform private health insurance.
Read the report in discussion here: https://grattan.edu.au/report/saving-private-health-2/
