Research and Markets: Personal Accident and Health Insurance in Australia, Key Trends and Opportunities to 2018

DUBLIN--()--Research and Markets (http://www.researchandmarkets.com/research/vgr7jl/personal_accident) has announced the addition of the "Personal Accident and Health Insurance in Australia, Key Trends and Opportunities to 2018" report to their offering.

The Australian healthcare system comprises public and private healthcare. Almost 70% of spending is funded by the government, and around 30% is funded by private insurers or consumers as out-of-pocket expenditure. Three schemes are funded by the Australian government: Medicare, a pharmaceutical benefits scheme, and a private health insurance rebate scheme. Medicare provides either free or subsidized benefits for medical, diagnostic and allied health services.

The Australian personal accident and health insurance segment grew at a review-period (2009-2013) compound annual growth rate (CAGR) of 7.6%. The growth was mainly supported by a rise in healthcare expenditure and government measures to develop private healthcare insurance.

Healthcare in Australia is regulated by three bodies: the Private Health Insurance Administration Council (PHIAC), the Department of Health Ageing (DoHA) and the Private Health Insurance Ombudsman (PHIO). The PHIAC regulates private health insurers in terms of prudence and lawfulness. The DoHA is responsible for industry policy and maintaining quality healthcare services, while the PHIO acts as a mediator between consumers and health fund members, private hospitals and medical practitioners should disputes arise.

Key Topics Covered:

1 Executive Summary

2 Introduction

3 Australian Insurance Industry Attractiveness

4 Personal Accident and Health Insurance Outlook

5 Analysis by Distribution Channel

6 Porter's Five Forces Analysis - Australia Personal Accident and Health Insurance

7 Reinsurance Growth Dynamics and Challenges

8 Governance, Risk and Compliance

9 Competitive Landscape and Strategic Insights

10 Business Environment and Country Risk

11 Appendix

Companies Mentioned

  • Medibank Private Health Insurance
  • BUPA Australia Health Pty Ltd
  • The Hospitals Contribution Fund of Australia Ltd
  • nib Health Funds Ltd
  • HBF Health Ltd
  • Australian Unity Health Ltd
  • Teachers Federation Health Ltd
  • GMHBA Ltd
  • Defence Health Ltd
  • CBHS Health Fund Ltd

For more information visit http://www.researchandmarkets.com/research/vgr7jl/personal_accident

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Insurance

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Insurance