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HomeInsuranceInsurance-TipsMedical insurers are holding back nearly $2 billion of unspent cash

Medical insurers are holding back nearly $2 billion of unspent cash

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The Australian Medical Association (AMA) is amongst a quantity of medical our bodies calling for the federal government to research well being insurance corporations over gathered unspent cash.

A report revealed cash held back by well being funds resulting from COVID-19 medical delays had reached nearly $2 billion.

The AMA is searching for solutions on why unclaimed funds have been used on administration bills fairly than lowering buyer’s premiums.

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