RANZCO welcomes new partnership between Government and GPMC

A partnership has been formed between the Australian Government and the Council of Presidents of Medical Colleges, which aims to aims to improve access to health care services in Indigenous and remote communities.

The Royal Australian and New Zealand College of Ophthalmologists has welcomed the new partnership, saying it is “a great initiative that will see greater collaboration between Aboriginal and Torres Strait Islander peak bodies and allied health, leading to better health outcomes for Indigenous Australians across the country.

“RANZCO supports the government’s renewed commitment to Indigenous health and looks forward to working with the Minister for Indigenous Health, Mr Ken Wyatt, in developing a practical solution to closing the gap in eye health. “Through greater collaboration between the government and the wider health care community, we can further improve Indigenous eye health and achieve equity in eye health care for Indigenous communities,” The president of RANZCO A/Prof Mark Daniell, said on 1 June.

By | June 6th, 2017|Associations|

18% increase in annual profit for private health funds

Private health insurance funds increased their profit by 18 per cent in the 12 months to 1 April, to $1.3 billion.

That followed quarterly profit increases of 11.5 per cent and 28.5 per cent, according to figures released on 17 May by the Australian Prudential Regulation Authority.

The increases followed the then (now disgraced) federal health minister Ms Sussan Ley’s approval of health-insurance premium increases of 6 per cent in 2016, with premiums rising to a cumulative increase of 28 per cent since 2012.

Total premium revenue for health funds in the period was $22.8 billion and they held on to $3.4 billion after paying out claims – a higher proportion than the general-insurance industry.

By | June 6th, 2017|Business|