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private health insurance premiums rise amid soaring executive salaries and financial pressures
Private health insurers are facing scrutiny as CEO salaries rise amid claims of financial pressure, despite their profitability. Executives argue that premium hikes of 5-6% are necessary to cover increased costs, while consumers are urged to compare policies for better coverage. Health Minister Mark Butler highlights the impact of past tax changes on 2.2 million Australians, emphasizing the need for transparency in health insurance.