Why did the Government introduce Lifetime Health Cover – has the Government Rebate failed?
The Lifetime Health Cover scheme was part of the Government’s comprehensive strategy to arrest the decline in private health insurance membership and ease the burden on the public health system. The first step was the introduction of the 30% Rebate, which addressed the issue of affordability of private health insurance. Lifetime Health Cover was designed to build on the Government Rebate by increasing membership stability among the young and healthy.
