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In October 2002 the Prime Minister announced that the ACCC would monitor medical indemnity premiums to assess whether they are actuarially and commercially justified.
Report to the Australian Senate on anti-competitive and other practices by health funds and providers in relation to private health insurance, 1 January 2002 to 30 June 2003.
This report monitors costs and premiums of insurers up until 31 December 2002 which was the latest data available to the ACCC.
An important part of the work of the ACCC during the three years from 8 July 1999 to 30 June 2002 was its oversight of pricing responses to the New Tax System changes, particularly the introduction of the Goods and Services Tax and abolition of the Wholesale Sales Tax.