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Principal entities are Australian Government entities that are defined in the Public Governance, Performance and Accountability Act 2011 as either a: Principal non-corporate Commonwealth entity - such as a cabinet department; Principal corporate Commonwealth entity - such as the CSIRO or Reserve Bank of Australia
What services are covered and how much is reimbursed and caps that apply vary between funds. Health insurance in Australia is community rated; health funds cannot take age, gender, pre-existing conditions or other underlying risk factors into account in the calculation of premiums. The largest health fund with a 26.9% market share is Medibank ...
nib Group (nib, formerly Newcastle Industrial Benefits) is an Australian health care fund. It was established in 1952 to provide health insurance for workers at the BHP Newcastle Steelworks, and has since grown into a national and international operation. [1] As of 2017, nib held an 8.3% share of the Australian private health cover market. [2]
Health Insurance Fund (HIF) is an Australian, not-for-profit insurer. In 1954 it was brought into existence as the WA Government Employee's Hospital and Medical Benefits Fund Incorporated. In 1954 it was brought into existence as the WA Government Employee's Hospital and Medical Benefits Fund Incorporated.
The Department of Health and Aged Care (DHAC), formerly the Department of Health, is a department of the Australian Government responsible for funding, promotion and regulation of health care in Australia. Primary health and aged care services are overseen by the DHAC, while tertiary health services are administered by the state and territory ...
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In October 2010 Newcastle, New South Wales based health fund NIB made a $140 million takeover offer to GMHBA members. The company went public with the offer, after the GMHBA board rejected their initial offer and refused to enter into discussions. NIB was Australia's first health fund to demutualise, listing on the stock exchange in 2007. [2]
The Hospitals Contribution Fund of Australia, commonly referred to as HCF, is an Australian private health insurer headquartered in Sydney, New South Wales.Founded in 1932, it has grown to become one of the country's largest combined registered private health fund and life insurance company.