MEDI-VALUE: Health Insurance and Service Innovation in Australia – Implications for the Future of Medicare

For healthcare innovation to flourish there needs to be a real market for health services in Australia. Providers that deliver cost-effective, patient-centred care should be rewarded for increased efficiency and lower costs by being able to sell that value-proposition to cost-and quality-conscious purchasers. For innovation at the delivery level to occur, system-wide innovation is required of the way Australian healthcare is insured and financed.