Public hospital wait lists have blown out to an unprecedented 324,000 Australians, for painful and debilitating conditions such as cataracts, ear, nose and throat surgeries, hip and knee replacements.
The rapidly growing public hospital backlog has made the benefits of private health insurance, more apparent than ever.
Triggered by the national elective surgery restrictions imposed at the start of the COVID-19 outbreak, the expanding public wait list has caused a significant rise in surgery eligibility checks with private insurers.
Matthew Koce, CEO of Members Health Fund Alliance –industry peak body of 27 not-for-profit and members owned funds – said there has never been a more important time than now to have private health cover.
“This COVID-19 legacy is causing enormous pain, suffering and hardship on hundreds-of-thousands of Australians on public wait lists whose surgery has been delayed well beyond the clinically recommended timeframes,” said Mr Koce.
“Delayed access to care can result in dependence on opioid pain killers, increased complexity of surgery down the track and trigger all sorts of other health issues that further impact quality of life. These are people who cannot see properly due to cataracts, people who cannot walk because their hips or knees need to be replaced or women in pain due to endometriosis.”
State health authorities have reported unprecedented wait list blow outs in the key states of New South Wales up 20%, Western Australia up 19.2% and Victoria up 41% compared to the previous year.
“The National Wait List may be even higher as most states have failed to provide any elective surgery data since June and the Queensland Health Minister suspended public hospital performance reporting back in February,” said Mr Koce.
“It may take more than two years to clear the massive public hospital backlog and return to pre-pandemic levels. People with private health cover, on the other hand, are guaranteed to get the care they need, from the doctor of their choice, as quickly as possible.”
“No matter what your stage of life, private health insurance has enormous value,” said Mr Koce. “The last thing a younger person would want is to miss out on the best part of their life because they are languishing in pain on a public hospital waiting list for two or more years.
The National Wait List backlog is opening the surgery floodgates for private health funds who report an 8-10% increase in enquiries, the highest since 2002 when the Federal Government stepped in with major private health sector reforms.
“More than 2.3 million people are admitted for elective surgery each year in Australia, with more than 60 per cent of those procedures taking place in a private hospital,” said Mr Koce.
In stark contrast to negative trend for the larger insurers, Members Health funds, are motivated by people not profits and continue to record consistent growth driven by younger policyholders. Members Health funds have 270,000 more people insured on hospital treatment policies today compared with June 2016. The rest of the industry has 400,000 fewer.
“Private health insurance guarantees timely access to a wide range of doctors and specialists, private hospitals and services. It allows people to avoid public hospital waiting lists and in doing so, takes strain off of the public system.”
Members Health is the peak industry body for an alliance of 27 health funds that are not-for-profit or part of a member-owned group, region or community. They all share the common ethic of putting their members’ health before profit and represent the interests of more than 3.7 million Australians.
Download the full press release here: 2020-09-31 – Public Wait lists show benefit of PHI
Jodie Harrison 0425 754 370 firstname.lastname@example.org
Eddie Morton 0499 700 295 Eddie.Morton@membershealth.com.au