Affordability of Medical Devices Agreement between Australian Government & MTAA

A commitment by the Government and the MTAA, as advocates for Australia’s innovative medical technology sector, to:

• promote the sustainability of privately insured health care through rebalancing the costs of medical devices to privately insured patients, to help keep private health insurance affordable for all Australians;

• support a viable, innovative and diverse medical technology sector in Australia and local jobs; and

• improve the value of private health insurance for consumers by reducing benefits for prostheses on the Prostheses List.

The Government recognises the role of the Prostheses List in supporting the value proposition of private healthcare to Australian consumers, and how the medical technology sector contributes to this. Read MTAA media release on this historic agreement here.

Please read the Agreement and the Prostheses List benefits analysis for more details.