Media Releases

The NSW Government’s health tax is bad news for private hospitals: peak body for health funds

The NSW Government’s new tax on 4 million people with health insurance will exacerbate problems for private hospitals at a critical time for the sector. CEO of Private Healthcare Australia, Dr Rachel David, said the tax will cost NSW families $156 more per year for their health cover from as early as January. Modelling shows this will cause 75,000 people to drop their health insurance in 2025, reducing demand for private hospitals. It will also decimate health fund reserves to assist private hospitals in areas of need in acute financial distress.