Skip to main content

Private Health Insurance Fiasco in Australia

The government intends to ruin Australia's private medical insurance system. With privatization Medibank Private Health Insurance will become like all the other funds. The Commonwealth bank was once owned by the government. it is now just another bank.

At the moment Medibank has two "branches". One (Medicare) refunds part of the fee charged by specialists, blood tests and various bills from hospitals. The other is a private health insurance fund. There is a problem here, however. Medibank and Medibank Private are both registered names held by the federal government. How can a public company and a private company use the same business name?

One of these will have to change its name. People are being offered shares in Medibank Private. How long can this be allowed to continue? Isn't it illegal? Future shareholders must be told what will be done about this. A change in name will have a disastrous affect on the value of shares.

There is no doubt that Medibank Private is subsidized by government. Share values will fall as it becomes just another private fund. Surely investors can see this - maybe they are too thick to understand.  Medicare, Medibank:  What's the difference?
 Health by Ty Buchanan 
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
     Australian Blog★                         
ALL BLOG ARTICLES· ──► (BLOG HOME PAGE)
Labels:

Popular posts from this blog

Happy Cow

"Yes, I am content." ✿ Funny Animal Photos contented cow field Adventure Australia Funny Weird Things Articles News Reviews ● ⌘   Vista Computer Solutions Blog   ⌘ ✤ . . . . . . . . . . . . . . . . . . . . . . . .   . . . . . . . . . . cow content happy good life free field paddock green grass milk dairy COW NOT LEAVING HOME
Read more

Anthropology Has New Theory on Australian Aboriginals

New theory on Australian Aboriginals - Anthropology. Australian Aboriginals split from Eurasians and moved south into the dry continent. Twenty thousand years later the world warmed up and Australia was cut off from its northern neighbors. This is the latest theory.  But when Europeans initially came to Queensland there were two types of native people. Each was a distinct genetic pool. One was like Papua New Guineans. The other was very slight and shorter. It is the latter that predominates today. Papua New Guineans Australian Aboriginals Some scientists still hold that there was only one move out of Africa. This is an unsustainable supposition. The doors for movement were always open. Australian Aboriginals were quite unique. It seems that they were the first to leave Africa. There is also the question of Tasmanian Aboriginals who were wiped out by arriving Europeans. There is no evidence of them now. They could not light fires. The flames had to be stol...
Read more

Beatboxing - Percussion Sounds of the Mouth

There must be a dearth of things to study. Scientists are now researching the odd sounds that people make. It may seem weird but its true. Those who can make odd sounds are called beatboxers. Scientists are interested in percussion sounds. These are expressed in Celtic, Chinese, North American and Indian cultures. Hip-hop is an area of great interest. A young "practitioner" had MRI scans done on his mouth while he created percussion sounds. The conclusion reached is that a lot of brainpower is involved in imitating percussion. It "is a small part of the larger puzzle," experts say. In my view it takes little mental concentration. Just put your tongue behind you top teeth a "tap" away. http://www.adventure--australia.blogspot.com/ http://www.tysaustralia.blogspot.com/ http://adventure--australia.blogspot.com/atom.xml http://www.technorati.com/blogs/ . . . . . . . . . . . . . . . . . . . . Society Vista C...
Read more