House debates

Monday, 5 February 2018

Questions without Notice

Private Health Insurance

2:53 pm

Photo of Ms Catherine KingMs Catherine King (Ballarat, Australian Labor Party, Shadow Minister for Health and Medicare) Share this | Hansard source

My question is to the Prime Minister. Some of the big private health insurance companies are making a return on equity of over 20 per cent, a return even larger than the big banks. At the same time, they're charging Australians record amounts for private health insurance. Why is the Prime Minister giving a $65 billion handout to big business, including big insurers, instead of doing something for ordinary Australians who are struggling with the spiralling costs of private health insurance?

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