No guarantee on health premium cuts

Health fund premiums should fall as a result of health cuts. Picture: Thinkstock Sue DunlevyNews Corp Australia Network There is no process to ensure health funds cut premiums to pass on $86 million a year in savings they’ll get from new government cuts to the price of medical devices. And the savings achieved by the government reforms announced Wednesday are just one tenth of the $800 million funds are spending on overpayments for medical devices each year. Health Minister Sussan Ley yesterday announced cuts to the prices health funds have to pay for 2,440 medical devices like hip and knee…
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