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AAP
AAP
Health
Luke Costin

Higher hospital fees to drive up premiums: insurers

Bupa Daniel Mookhey Medibank New South Wales NIB
Australia's biggest private insurers have agreed to pay $140 million in higher hospital fees. (Mick Tsikas/AAP PHOTOS)

Health insurance premiums could rise by about $50 a year due to a move accepted by Australia's biggest private health funds despite being labelled a blatant revenue grab.

Bupa, Medibank and NIB - which along with HCF control 74 per cent of the market - on Monday agreed to pay higher hospital fees in NSW.

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