Healthcare reform: Winners & losers
Independent Financial Research
The Australian healthcare sector is being turned on its head. Which stocks will benefit, and which have the most to lose? The Federal Government is hell-bent on reforming the healthcare sector. Recent reviews of the system, such as the National Health and Hospitals Reform Commission (2009), Henry Tax Review (2010), Productivity Commission (2011), National Commission of Audit (2014) and Medicare Benefits Schedule Review (2016) have recommended significant changes to the funding and delivery of healthcare. Several Government reforms are already underway and more will be progressively implemented over the next decade. WINNER: Private health insurers The crux of the problem is that Government healthcare spending has tripled over the past 30 years. Costs are growing well above inflation and things will only get worse as the population ages and the baby boomers enter retirement. Read full article here: (VIEW LINK)
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