Plant And Equipment Insurance Online :: News
SHARE

Share this news item!

AMA Calls for Urgent Reforms in Private Health Insurance Sector

Addressing the Declining Value and Rising Costs for Consumers

AMA Calls for Urgent Reforms in Private Health Insurance Sector?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.

The Australian Medical Association (AMA) has released its annual Private Health Insurance Report Card, revealing that Australians are paying more for private health insurance while receiving less value.
The report indicates that premiums have risen sharply, outpacing inflation and wage growth, with nearly 70% of policies now containing exclusions that limit coverage.

AMA President Danielle McMullen highlighted that consumers are facing higher costs for narrower coverage, leading to questions about the value of private health insurance. The report also found that insurers returned about 84% of premiums to patients in 2024-25, despite large profit margins, suggesting that a significant portion of premiums is not being utilized for patient care.

In response, the AMA is advocating for mandatory requirements for insurers to return at least 90% of premiums to consumers in the form of treatment benefits. Additionally, the association calls for the establishment of an independent authority to oversee the health insurance sector and ensure that consumers receive fair value for their premiums.

For fitness professionals, these findings emphasize the importance of carefully evaluating private health insurance options to ensure adequate coverage for both personal health needs and professional liability. Staying informed about industry reforms and advocating for policies that enhance the value of health insurance can contribute to better outcomes for both practitioners and clients.

Published:Thursday, 26th Mar 2026
Author: Paige Estritori

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

Share this news item:

Insurance News

Vitruvian's $21.8M Boost: Transforming Home Fitness with AI
Vitruvian's $21.8M Boost: Transforming Home Fitness with AI
27 Mar 2026: Paige Estritori
Perth-based home fitness startup Vitruvian has successfully raised $21.8 million in an internal extension of its previous funding round. This latest investment, comprising contributions from existing investors, builds upon the company's $21 million Series A raise in 2022, which was led by Larsen Ventures and Ten13. - read more
Upcoming NDIS Planning Reforms and Their Impact on Allied Health Services
Upcoming NDIS Planning Reforms and Their Impact on Allied Health Services
26 Mar 2026: Paige Estritori
The National Disability Insurance Scheme (NDIS) in Australia is undergoing significant planning reforms scheduled to commence in July 2026. These changes are poised to have a profound impact on allied health services, necessitating proactive engagement from healthcare professionals and stakeholders. - read more
Australian Private Health Insurance Premiums Set to Increase in 2026
Australian Private Health Insurance Premiums Set to Increase in 2026
26 Mar 2026: Paige Estritori
From April 1, 2026, Australian private health insurance premiums are set to rise by an average of 4.41%, marking the most significant increase since 2017. This adjustment reflects the escalating costs associated with providing medical and hospital services, which have risen by 5% over the past financial year. - read more
Artificial Intelligence Transforming Allied Health Services in Australia
Artificial Intelligence Transforming Allied Health Services in Australia
26 Mar 2026: Paige Estritori
The integration of Artificial Intelligence (AI) into allied health services across Australia is significantly enhancing patient care and streamlining clinical operations. This technological advancement is reshaping the healthcare landscape, offering innovative solutions to longstanding challenges. - read more
AUSactive's New Insurance Offering: Enhanced Protection at Lower Costs
AUSactive's New Insurance Offering: Enhanced Protection at Lower Costs
26 Mar 2026: Paige Estritori
AUSactive, Australia's leading body for the exercise and active health sector, has unveiled a new insurance solution designed specifically for fitness and active health professionals. This initiative aims to provide enhanced protection while offering lower premiums compared to existing market options. - read more


Equipment Insurance Articles

What does plant and equipment insurance cover?
What does plant and equipment insurance cover?
Plant and equipment insurance is a specialized form of coverage designed to protect the tools and machinery that businesses rely on for their operations. This type of insurance typically covers various assets, including construction machinery, agricultural equipment, and industrial tools. By safeguarding these critical assets, you can ensure that your business continues to run smoothly even in the event of loss or damage. - read more
General Liability Insurance vs. Plant and Equipment Insurance: What You Need to Know
General Liability Insurance vs. Plant and Equipment Insurance: What You Need to Know
When it comes to running a business, insurance is one of those things that often gets overlooked. However, understanding the different types of insurance is crucial for protecting your business assets and ensuring your peace of mind. Among the many options available, plant and equipment insurance is vital for businesses that rely on machinery and various tools. - read more
Understanding Plant and Equipment Insurance: A Guide for Small Business Owners
Understanding Plant and Equipment Insurance: A Guide for Small Business Owners
When it comes to running a small business, particularly in sectors like construction, having the right insurance is essential. This is where plant and equipment insurance comes into play. It protects your valuable machinery and tools, allowing you to focus on your projects without the constant worry of potential financial loss. - read more
The Factors That Affect Plant and Equipment Insurance Premiums in Australia
The Factors That Affect Plant and Equipment Insurance Premiums in Australia
Plant and equipment insurance is a specific type of policy designed to protect the tools, machinery, and equipment that businesses rely on for their operations. This insurance safeguards against various risks, ensuring that your essential assets are not a financial burden during unforeseen circumstances. - read more
Unlock Savings: How Bundling Your Plant and Equipment Insurance Can Reduce Premiums
Unlock Savings: How Bundling Your Plant and Equipment Insurance Can Reduce Premiums
Plant and equipment insurance is a specialized type of coverage designed to protect your crucial assets. This insurance typically covers machinery, tools, and various equipment used in the operations of your business. It ensures that, in the event of damage or theft, you won’t face major financial setbacks. - read more


Your free insurance quote comparison starts here!
First Name:
Postcode:

All quotes are provided free and without obligation by a Specialist from our National Broker referral panel. See our Privacy Statement for more details.


Knowledgebase
Claim Adjuster:
An insurance professional who investigates and evaluates insurance claims to determine the amount the insurance company should pay.