The Medibank sale only goes so far

A raft of federal regulations and incentives will continue to stifle the private health insurance market.

The Coalition government deserves full credit for allowing Medibank Private to finally live up to its name. It was always a bizarre anachronism that the commonwealth government -- taxpayers -- owned a health insurer that was competing with other private health insurers. The expected proceeds, perhaps over $5 billion, will be better invested in public infrastructure, which government is better suited to guiding.

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