Reducing Healthcare Costs in Australia: Strategies and Impacts

healthcare cost in Australia
 Name:
 Date:
 Institution:

Introduction
 The topic of discussion is how to reduce the healthcare costs in Australia. This
topic is significant in the following ways;
First, since this is an issue that is in the heart of many Australians in which
cash strapped Australian families would like to know how health care costs
can be reduced (Lehnert, Heider, Leicht, Heinrich, Corrieri, Luppa, M.,
Riedel-Heller and König, 2011).
There has been an increase in healthcare cost in the last few years. Greg Hunt,
who is the minister in charge of Health announced that private health
insurance premiums will rise by an average of 3.9% from the second quarter of
the year(Oldridge,2008).

Cont..
The average Australian citizen can agree that there has been
consistent rise in healthcare costs over the last 15 years.
Australian families are burdened by amongst other things the
rise of cost in education, healthcare and a slow wage growth.
 This paper seeks to look into the causes of the rise in prices
of healthcare and how this hikes affects the Australian citizen.

Formulated Question
How can healthcare costs be reduced in Australia.