The government is going to sell Medibank Private.
As a public company its aim should be to obtain the greatest possible results for shareholders.
As a health insurance agency its aim should be to provide the best available care to members at the lowest possible premiums.
In order to achieve the first aim above, won't it be necessary to raise premiums even more than is presently occurring?
Do you have private health insurance?
If yes, is it because you don't have confidence in the public system?
What other reasons?
If no, is it because you feel it is too expensive, you won't need it, or you would prefer to just pay for whatever you need if a hospital stay is needed.
I'm thinking of giving up my private cover: have never had a claim, premiums are going up exponentially, and if I need surgery or whatever in the future I will just pay for it at the time.
Would appreciate others' opinions.