Australia’s peak medical group has released its latest annual scorecard on private health insurance and warned the country’s private health system is on a "precipice". Australian Medical Association president Dr Tony Bartone said an increasing number of young Australians were abandoning private health insurance. At the same time, a higher proportion of older patients were becoming more expensive to insure and were driving up premiums. "Sooner or later the number of people with private health insurance will fall further – and dramatically." The 2019 scorecard reveals the top performing funds when it came to coverage in each state and territory, with the best policy dependent on where punters lived. Depending on the state or territory, open membership insurers – accessible for any person – only covered around 25 per cent of hospital-related charges like beds and nurse care. In some states or territories, open membership insurers only covered around […]