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Showing 1 - 10 of 59 results for "Private health insurance"

Old settings for TPD 'no longer fit': APRA

RIDDHIMA TALWANI  |  THURSDAY, 28 MAY 2026
APRA executive director of superannuation, life and private health insurance Jane Magill said total and permanent disability insurance (TPD) in its current form is being tested by the sharp rise in mental health claims. Speaking at the All Actuaries ...

APRA funding levy rises to $253m

KARREN VERGARA  |  TUESDAY, 26 MAY 2026
... levy of $114.6 million. Life insurance and friendly societies are allocated $19.1 million. General and private health insurance have $27.2 million and $10 million respectively. The Australian Taxation Office's (ATO) portion comes to $41.6 million ...

Government to commit $3.7bn to strengthen aged care access

MATTHEW WAI  |  TUESDAY, 12 MAY 2026
... National Press Club last month, who also announced the removal of the increased rebate for those over 65 for private health insurance to redirect those funds into aged care. Meanwhile, the Budget will also provision $1.1 billion for future spending to ...

Government aims to 're-make' NDIS, redirect funding to aged care

MATTHEW WAI  |  THURSDAY, 23 APR 2026
... to Aged Care Dementia Support Program. He also said the increased rebate for Australians over 65 for private health insurance, introduced in 2004 under the Howard government, will no longer be available, stating those funds will be diverted back into ...

APRA shuffles executive director lineup

ELIZA BAVIN  |  TUESDAY, 31 MAR 2026
... general insurance and banking. He replaces Jane Magill who moved to become executive director of life and private health insurance and superannuation following the departure of Carmen Beverley-Smith. A recruitment process to fill the general manager ...

Senate questions APRA's role in Shield, First Guardian disaster

KARREN VERGARA  |  FRIDAY, 13 FEB 2026
... how it engages with the platforms and how it enforces action. APRA acting executive director of life, private health insurance and superannuation Peter Kohlhagen explained: "The way we approach this matter was to request information, using our information ...

APRA names super, life insurance lead

ANGELIQUE MINAS  |  TUESDAY, 20 JAN 2026
APRA has appointed Jane Magill as executive director for life insurance, private health insurance and superannuation (LPHIS). Leaving her previous position as executive director of general insurance and banking (GIB), Magill will fill the role recently ...

APRA executive director of super, life insurance exits

RIDDHIMA TALWANI  |  MONDAY, 12 JAN 2026
... Prudential Regulation Authority (APRA) has noted the departure of executive director life insurance, private health insurance and superannuation (LPHIS) Carmen Beverley-Smith. APRA said Beverley-Smith has resigned to take up an opportunity in a senior ...

APRA to continue crackdown on super fund expenditure

ELIZA BAVIN  |  THURSDAY, 13 NOV 2025
APRA executive director - superannuation, life and private health insurance Carmen Beverley-Smith has warned superannuation trustees that the regulator will use the full extent of its powers if funds are spending member money in irresponsible ways. ...

Retirement lifestyle costs continue to rise: ASFA

MATTHEW WAI  |  THURSDAY, 11 SEP 2025
... their early 50s. They were using digital tech before their children." Meanwhile, Delahunty noted that private health insurance jumped 3.7%, the most significant quarterly increase since 2018. "Beyond digital costs, we're seeing heightened price pressures ...
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