On 11 May 2021, as part of the 2021-2022 Budget, the Australian Government announced changes to the Prostheses List. The Prostheses List is the schedule to the Private Health Insurance (Prostheses) Rules made under the Private Health Insurance Act 2007.
Through these reforms, the price paid by private health insurers for medical devices, known as prostheses, will be better aligned with the price paid in the public hospital system. Additional improvements will also be made, including better defining which prostheses are eligible for inclusion on the Prostheses List; regrouping the items on the Prostheses List; and updating cost recovery arrangements.