On Wednesday the Federal Government and Health Minister Greg Hunt announced a 3.95% increase in private health insurance premiums for 2018.

It’s the lowest increase since 2001, but it’s still higher than inflation, putting pressure on health affordability.

Ross Greenwood speaks with Dwayne Crombie, Managing Director of Bupa, now the largest private health insurer in Australia.

“I don’t think anyone is ever happy with the price but about half of the price rise will go toward the cost of living increases for providers.

“The other half goes to more operations and more services for an older community.”

Listen to the full interview below