Is private health insurance really worth it? What the Medibank hack means for the industry

Around 55.2 per cent of Australia's population is covered by private health insurance. Will the fallout from the Medibank hack change that?

Medibank is hosting its investor meeting on Wednesday, and the recent cyber attack impacting nearly 10 million people will be top of the agenda.

As hackers continue to release sensitive personal information and health records, consumer anger is growing, with two legal firms raising the prospect of a potential class action.

From rising premiums to concern over out-of-pocket costs, many Australians are now asking themselves whether private health cover is really worth it.

As fallout from the Medibank hack continues, could this be a turning point for the private healthcare industry in Australia?

Read on: https://www.sbs.com.au/news/article/is-private-health-insurance-really-worth-it-what-the-medibank-hack-means-for-the-industry/4gt3sndtc