The Australian healthcare system comprises public and private healthcare. Almost 70% of spending is funded by the government, and around 30% is funded by private insurers or consumers as out-of-pocket expenditure. Three schemes are funded by the Australian government: Medicare, a pharmaceutical benefits scheme, and a private health insurance rebate scheme. Medicare provides either free or subsidized benefits for medical, diagnostic and allied health services. The Australian personal accident and health insurance segment grew at a review-period (2009−2013) compound annual growth rate (CAGR) of 7.6%. The growth was mainly supported by a rise in healthcare expenditure and government measures to develop private healthcare insurance. Browse Full Report @ http://www.researchmoz.us/personal-accident-and-health-insurance-in-australia-key-trends-and-opportunities-to-2018-report.html
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