Modelling by the parliamentary budget office shows half the expected $3bn in savings to reduce the private health insurance rebate to over 65s will be paid for by pensioners.
The figures, commissioned by independent MP and doctor Monique Ryan, found that $1.6bn of the total budget savings would be met by the nearly 1.5 million age pensioners who hold private health insurance.
Private Healthcare Australia some retirees will face health insurance cost increases of more than $1,600 per year, but Labor says it only expects private health insurance for over 65s to increase by up to $250 a year and see 44,000
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