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Why do health insurance premiums rise?

Thursday, 7 April 2016

After an extensive process and approval from the Federal Minister for Health, health insurance premiums will rise from 1 April 2016. These increases reflect the rising costs of health care services and more being paid in benefits to members. With more people accessing services and improving technologies, further pressure is also being put on insurance premiums. St.LukesHealth seeks to ensure our premium increases are kept to a minimum so we can continue to meet benefit payments and operational expenses.

We have attached the following infographic to help explain the reason for premium increases. If you have any queries please don't hesitate to give us a call on 1300 651 988.

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