Cutting medical device and prostheses costs should lower health premiums, says minister

Health minister Sussan Ley says insurers should pass on savings on items like pacemakers and artificial hips to customers via lower policy increases In an attempt to rein-in rising private health insurance premiums, the health minister, Sussan Ley, has announced reforms aimed at cutting the costs of medical devices and prostheses. The high cost prostheses, which includes devices like pacemakers and replacement hips and knees, are currently being passed on to private patients through rising insur...