Watchdog green-lights Honeysuckle Health mega-deal

The new buying group will deliver lower insurance premiums and improved services to consumers, the commission says
Dr Omar Khorshid
Dr Omar Khorshid.

The AMA has lost its battle to stop a buying group for private health funds, with the competition watchdog finding no evidence it would lead to “US-style” managed healthcare.

The approval paves the way for health fund nib and analytics firm Honeysuckle Health to collectively negotiate and manage contracts with doctors, hospitals and other healthcare providers on behalf of other insurers that join the group.