Tuesday July 7, 2020

Your Money: Age imbalance a major problem for health insurance market

Getting older is a time when the value of good health, and good healthcare, comes into sharp focus.

30th March, 2014
Getting older is a time when the value of good health, and good healthcare, comes into sharp focus. Picture:Thinkstock

Getting older is a time when the value of good health, and good healthcare, comes into sharp focus.

However, a combination of factors, such as medical inflation and government policy, is pushing the cost of health insurance beyond the reach of many people. As health insurance costs continue to spiral, affordability is a major issue in the health insurance market.

The government is exploring a range of options for how to patch-up a sick market,...

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