What would be the potential benefits of implementing Medicare Select in Australia?
The Commission outlines three main arguments in favour of introducing Medicare Select in the Australian health system. They are: • it would empower consumers. This competition would encourage plans and health care providers to respond to consumers’ needs and preferences • it would encourage plans to find more innovative ways of delivering and funding the highest quality care. If they did not, they would find it hard to attract and keep members, and • it would stimulate health service providers to deliver the highest quality for the most efficient price. If they did not, they would not attract members or win contracts with plans.[15] The Commission also points to a number of other potential benefits of Medicare Select, including[16]: • continued roles for both the Commonwealth and state and territory governments • retaining a mixed system of public and private financing and provision, which reflects community preferences • preserving universal coverage, and • incentives to focus on prev
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