Is a US-style health system coming to Aus?
Last December, the Australian Competition and Consumer Commission (ACCC) proposed to authorise Honeysuckle Health to form a buying group to collectively negotiate and manage contracts with healthcare providers on behalf of private health insurers and other health care payers. [1]
It is important to point out that Honeysuckle Health was set up two years ago in a joint venture between the private health fund nib and the Cigna Corporation, a multinational managed healthcare and insurance company based in the US. [2,3]