HBF denies merger speculation

Western Australia's dominant health fund HBF has dismissed speculation about a merger with UK-owned Bupa to create the nation's biggest health insurer.


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Often where there is smoke there is fire! There have been rumours in the past of HBF becoming a listed company. there have even been rumours of HBF opening it's own clinics. HBF has had one of the highest of all health funds profit in general treatment payout compared to the amount paid in. Yet for over 15 consecutive years has failed to increase general treatment rebates across the board. In dental HBF selectively chooses a few services to increase rebates. Like many of the larger funds HBF are deliberately destroying consumers choice of provider and trying to force their members to see their contracted providers of service. They do this by inducements of increased rebates if you see a "HBF" provider - whether it be general [ancillary] treatments. medical services or private hospitals. This is the same format BUPA adopted many years ago. Coincidence - maybe!!

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