We deliver impartial, meticulously researched perspectives that address the most pressing issues confronting our sector. They help PHI fund leaders to enhance policyholder health outcomes, curtail premiums inflation and deliver enduring Fund sustainability.
Data driven decision support tools for Private Health Insurance ("PHI") leaders
We assure PHI fund leaders that their Out of Hospital service initiatives are ROI positive and reduce outlays
A measly 0.5% ($83m) of hospital accommodation benefit outlays are invested into Hospital Substitute Services. By 2032, it should be 10-15%. If that were realised, premiums would be markedly lower and we would have greater working age policyholder participation rates. The Private Healthcare Associations conservatively estimates $1.3b pa could be saved through delivery of Out of Hospital services. PHInsights agrees that this is conservative - and we want to help funds to make this a reality to benefit their policyholders.
In the coming months we will publish data driven visual and documented reports on …
In spite of all the talk, just 0.53% of Hospital Treatment are go towards Hospital-Substitute ...
The cohort of people most sensitive to rate rises also happen to be crucial to PHI...
We equip Private Health Insurance Fund leaders with the data tools and insights that help them to enhance policyholder health outcomes, curtail outlay inflation and deliver enduring Fund sustainability.
These data driven perspectives shed a quantitative torch on these key issues and parse options that can guide PHI leaders towards practical solutions. The perspectives we provide aim to facilitate informed decision-making, supporting stakeholders in navigating the PHI landscape.
We've crafted our Data Tools specifically for PHI Fund leaders, offering actionable insights supporting strategic decision-making.
Entertaining and interactive deep data explorations parsing critical challenges…
Return on investment calculators for outlay reduction programs, member value and…
LGA coded provider distribution relative to PHI population for Specialists, GPs, Hospitals…
Join us in this mission to innovate and make PHI more affordable for policyholders
PHI Fund leaders like yourself possess the unique ability to drive innovation, thereby achieving (a) improved clinical outcomes and efficacy for your claiming policyholders; (b) superior value for money for all of your policyholders and (c) enhanced contribution from PHI to our broader healthcare system. Here at PHInsights, we merely provide the data tools and insights to help you with this, but only your actions can catalyse positive change that improves the healthcare system.