HCF welcomes government funding for Prevention Partnership
Wednesday, 10 May 2017: HCF, Australia’s largest not-for-profit health fund, congratulates the Federal Government for the significant investment in chronic disease prevention announced in the Federal Budget handed down last night. Committing $10million in Federal funding to The Australian Prevention Partnership Centre (TAPPC), the Government is investing in the long-term health of Australians, through initiatives which will reduce the impact of often preventable disease.
HCF, through the HCF Research Foundation, is TAPPC’s major corporate funder, having committed to invest $1.25million over a five year period, from 2013 to 2018. With a focus on disease prevention, HCF recognised the value to its members, and all Australians, of the important work being done by TAPPC.
John Barrington, Acting Managing Director, HCF praised the Government for the commitment to preventive health funding: “We welcome the announcement in tonight’s Federal Budget that will see much needed funds going into supporting research into the prevention of chronic disease and initiatives which will empower Australians to make healthier lifestyle choices. We have long recognised the benefit of prevention in health care and it is encouraging to see the new Health Minister, Greg Hunt, also understands the importance of tackling the burden of chronic disease.
“We look forward to seeing the broader impact TAPPC can now have on the health of Australians and the continued knowledge and initiatives in preventive health care which this funding will enable. We are also looking forward to working in partnership with Mr Hunt to improve the health care system in Australia.”
About the HCF Research Foundation
The HCF Research Foundation (HCFRF) is a not-for-profit charitable trust that was established in HCF in 2000 to help fund health services research for the benefit of all Australians. Since inception, the HCFRF has commitment more than $16million to universities, research institutes and hospitals across the country. The HCFRF’s health services research program aims to improve the preventation, treatment and cure of disease by funding research that utilisises current knowledge to improve the quality, efficiency, access and equity of health services. For more on the HCFRF visit, www.hcf.com.au/about-us/hcf-foundation/
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HCF, leading not-for-profit health fund protecting Australians since 1932, covers around 1.5 million members with health and life insurance, community care, travel and pet insurance.
On average over the last five years, HCF has paid out more cents in every dollar in premiums to members as benefits than the industry average.
With over 35,000 specialists participating in its Medical Gap Cover Scheme and approximately 10,000 providers participating in its 100% back More for You ancillary programs, HCF gives members access to a wide range of quality health care services with no gap.
To empower members to put their health first, HCF also offers a range of health and lifestyle services including its My Health Guardian health management program, mobile Victor Chang Heart Health Checks and My Global Specialist second opinion service.
HCF’s national network of retail outlets and 100% Australian-based call centres have won multiple national and international awards.
HCF members also have unique access to HCF Dental Centres.
Having contributed $50 million to support the health services research funded by the HCF Research Foundation, HCF is devoted to investing in the future of Australia’s health.
To learn more about HCF go to hcf.com.au/about-us