ASX Health Care Stocks In Australia, there is a highly developed health care structure, with health care insurance providing all the coverage for medical expenses to the citizens, depending on the plan chosen by the policyholder. The medial cost includes all the medical services like doctor’s visit, emergency room, drug prescription and medical procedures. Insurance has become an essential component of the overall health care system in the country. However, the economics of the broader private insurance sector is becoming more challenging in the country. Recently, Medibank Private Limited ( ASX: MPL ) , one of the topmost health insurance service providers in Australia, highlighted that an “alarming” and “curious” increase in surgeries is boosting costs as well as threatening the stability of the private health sector . The company, which is progressing well towards its plan to transform into a heath care giant, in a recent announcement on […]