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Government Scrutinizes Health Insurers' Pricing Practices

Minister Butler Addresses Concerns Over Insurers' Use of Pricing Loopholes

Government Scrutinizes Health Insurers' Pricing Practices?w=400

The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.

Health Minister Mark Butler has issued a stern warning to private health insurers regarding the use of 'underhanded' tactics to raise premiums.
This comes in response to findings that some insurers have been closing old policies and introducing more expensive ones, effectively increasing costs for consumers.

The Minister emphasized that such practices are against the spirit of the law and will not be tolerated. He indicated that if insurers continue these behaviors, the government may introduce legislation to outlaw them.

For beauticians and salon owners, this development underscores the importance of vigilance when selecting and maintaining insurance policies. Understanding the terms and being aware of any changes can help ensure that coverage remains adequate and cost-effective.

Published:Thursday, 25th Dec 2025
Source: Paige Estritori

Please Note: If this information affects you, seek advice from a licensed professional.

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Term Life Insurance:
A life insurance that provides a cover for a specific period of time - usually one to five years or until the insured reaches age 65 or 70.

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