Australian immigrant life: why private medical insurance is so expensive

"Australians are living longer and longer, and the opportunities to use medical insurance have increased."

Fairfax media revealed that the owner of the insurance company and the new health minister Rey will approve the industry average increase of 6%-7%, which is three times the inflation rate.

The reason for the sharp increase in premiums is that Australians use more medical services, medical costs rise and medical technology becomes more and more expensive.

Insurance company executives have different opinions about the impact of rising insurance costs on this industry with a market value of 654.38+09 billion yuan. Some executives, but not all, warned that affordability was becoming a problem.

But they all agree that inflation will get higher and higher.