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Private Health Insurance In Australia

207 Words1 Pages
Australia’s private health insurance market has developed from a fairly geographically segmented market, with individual shared funds working closely to regional or industrial hubs, or the position of medical facilities.
In recent years, this regionalization has been weakened, to an extent, through progress in the availability mutual funds, increasing government involvement and communication in the private health insurance market, as well as the increasing movement of populations.
At a national level, the market for private health insurance in Australia is considerably concentrated, regardless of the number of insurers, the variety in insurance type, and a large market of over 12.6 million policyholders with some form of private health insurance.
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