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John Van Der Wielen says the issue is how to incentivise young people to stay in health funds. Photo: Attila Csaszar

Ageing, tech costs drive premiums

HBF chief executive John Van Der Wielen said the costs of medical technology and an ageing population are driving up health insurance premiums, as debate intensifies over sector reforms and how to keep price rises in check.

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HBF

WA Revenue

1st-CBH Group$4.19bn
2nd↑St John of God Health Care$1.80bn
3rd↓HBF$1.71bn
4th-RAC$819.1m
5th↑WAMMCO$380.0m
75 not for profit businesses ranked by WA revenue most recent financial year

Number of Employees

Not For Profit Businesses

11thAvivo1,170
12thCBH Group1,100
13thHBF962
14thSouthern Cross Care WA900
15thYMCA WA865