Australian patients are being shortchanged by private health insurance companies, which are collecting significantly larger profits while returning a smaller proportion of premiums to customers. This week we released our 2023 Private Health Insurance Report Card, which shows the rebates for identical procedures still vary wildly between insurers. In a media statement, AMA President Professor Steve Robson encouraged consumers to carefully consider which private health insurance option is best for them, with a focus on products that deliver treatment they are most likely to need in the future. “Our report card highlights the importance for consumers to look closely at…