Medibank response to recommendations from the Ministerial Advisory Committee on Out-of-Pocket Costs

Medibank CEO Craig Drummond said:

“Medibank welcomes the recommendations from the government committee set up on out-of-pocket costs, and we welcome the Australian Government’s decision to accept the recommendations.

“We have advocated for years that more needs to be done on transparency, especially around out-of-pocket costs. The number of customers who say that these are a key reason for dropping their private health insurance has more than tripled over the past five years.

“If treatment costs and quality data is more readily and universally available Australians will be able to make more informed choices about their healthcare. And this is a good thing.

“On behalf of our customers, we welcome further reform which will ensure Australia maintains its world-class healthcare system.”