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The Australian health minister announced changes to private health insurance rebates for seniors, which are expected to be unpopular. The adjustments will reduce rebates for older Australians, with the aim of reallocating funds to aged care services. The minister emphasized the need for a fairer system based on income rather than age.
- ▪The budget will remove subsidies for Australians over 65 to encourage private health insurance.
- ▪Rebates for those aged 65-69 will decrease from 28% to 24%, and for those 70 and over from 32% to 24%.
- ▪The savings from these cuts will be redirected into aged care funding.
Opening excerpt (first ~120 words) tap to expand
47s ago17.53 EDTHealth minister understands change to private health insurance rebates for seniors ‘unwelcome’, but says they are necessaryThe health minister, Mark Butler, said he understands changes to private health insurance rebates for older Australians have left many seniors troubled, but said it was “difficult to sustain” a system that benefited people based on age, but not on income.If legislated, the budget would remove subsidies that encourage people over 65 to take out private health insurance. Australians aged 65-69 would see their rebates cut from 28% to 24%, and those 70 and over would see their rebate cut from 32% to 24%.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at World news | The Guardian.
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