Explore the challenges and solutions for rising specialist fees in Australia, focusing on market dynamics, Medicare rebates, and policy reforms to enhance affordability and access.

Insurance Australia Group's acquisition of RAC underwriting business hits regulatory opposition by ACCC, delaying merger benefits under new control regime.

The Australian health insurance market is projected to grow from USD 39B in 2024 to USD 65.9B by 2033, driven by demographic changes, digital health integration, and rising demand for comprehensive private coverage.

Australian private health insurers paid record high hospital claims exceeding A$10,000 in 2024, with total benefits reaching A$9.4 billion driven by increasing hospital care costs.

APRA data shows growth in Australian private health insurance participation, driven by public health system pressures and rising out-of-pocket costs. Medibank Private leads market discussions.

TAL unveils 'Life Takes Guts' brand platform to simplify life insurance and enhance its relevance and accessibility, targeting younger Australians and addressing underinsurance challenges.

Insurance Australia Group (IAG) will acquire the RAC WA insurance business for $1.35 billion, boosting its gross written premium by $1.5 billion. The deal, pending ACCC approval, includes a 20-year exclusive distribution and brand licensing agreement.