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Leveling the pitch
"It is not in the best long-term interest of clients to pass all this on to someone else who is not even responsible for health care. Governments are working to "drastically reduce" contribution increases as closely as possible to the general 2 percent headline growth rates. Currently, 10,000 Australians leave their policy every month, puzzled about cover, uncertain about value and angered about the 54.6 percent accumulative premium hike since 2009.
"If they receive a percent of the first year's bonus from the person they recommend to the client to leave, which is usually between 27 and 35 percent, they are in conflict," he said. ristopher Zinn, Managing Director of the Private Health Insurance Intermediaries Association, dismissed proposals that third party companies increase rates and asked Dr. Crombie to provide proof.
Rejecting Bupa's allegations of higher premia, he said that APRA figures showed that the health care unit cost rate or operating cost decreased on a daily basis. Wilson also said that it was more expensive for health insurance companies to attract clients through company rebates or the purchase of a smaller mutual trust.
"Google and Facebook require you to buy many klicks and they don't necessarily converts every client, but we only bill a commission if there is a winning conversion," he said. The Commission shall publish this on its website. Ester Han is a health journalist for the Sydney Morning Herald.
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