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Thu 07 Jul 2008Bupa wins appeal to prevent risk equalisation
COURT JUDGMENT:PRIVATE HEALTH insurer Bupa has won its Supreme Court appeal aimed at preventing the introduction of the risk equalisation scheme of 2003 in the private health insurance market.
The five-judge court yesterday granted Bupa's appeal against the High Court's rejection of its challenge to the scheme and ruled the scheme was invalid because it was based on an incorrect interpretation of the term "community rating" in a provision of the Health Insurance Act 1994.
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