Federal government agrees to rise of 3.73% but some could face even higher increases. Follow today’s news live
Good morning and welcome to our live news blog. I’m Martin Farrer with some of the main breaking stories this morning before Emily Wind steps in.
Millions of Australians will soon be paying more for private health cover after the approval of premium increases for insurers. The federal government has signed off on an average industry premium increase of 3.73%, the health minister, Mark Butler, announced yesterday, although the insurer NIB said its average rise would be 5.79%. The opposition health spokesperson, Anne Ruston, said the incoming increase was the highest in seven years. More coming up.
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