The price of healthcare Down Under is five times higher than in Britain, leaving a large number of people unable to cover the cost of medication. As a result, many are forgoing medical treatment, including 50% of those who suffer from mental health conditions like depression and anxiety.

Australians are spending more and more on mental health services, but absenteeism and presenteeism still cost the economy up to $11 billion every year. So what can employers Down Under do? Studies show investing in improving mental health can be beneficial for both businesses and their staff.

Trōv is aiming to make insurance more appealing to Gen Yers by ditching complicated policies, instead providing simple and flexible protection through an easy-to-use app. But can it win over a generation of consumers who still see coverage as an optional extra rather than a necessity?

Boomers are redefining what it means to be old. Not content with fading into the background, they’re healthier than past generations and splashing out on leisure. Insurance firm Humana aims to appeal to this mentality, reminding Boomers of all the opportunities prolonged health can bring them.