News from Herald Sun:

Families will incur a five per cent price hike on their private health insurance bills from April 1. Picture: Source: News Limited

FAMILIES will be hit with a five per cent increase on their private health insurance bills from April 1.

Health Minister Tanya Plibersek announced the average 5.06 per cent increase today, arguing it was the lowest rise in four years.

“The increase is half a percentage point lower than last year and more than one and a half percentage points lower than the average of the last five years of the Howard Government,” she said.

The hike will pile hundreds of dollars onto annual private health bills for some families.

And it will hit budgets ahead of a July 1 means test on the private health insurance rebate for high-in……….. continues on Herald Sun.

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