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Pensioners will be hit hard by upcoming private health insurance rebate changes. New analysis has revealed they will be shouldering about half of the governments forecast savings. But Labor is staring down critics arguing tough choices need to be made.

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00:02Cross-chamber condemnation of what's been dubbed a cash grab.
00:08You don't punch down on vulnerable older Australians.
00:11This is really lazy policy and the Minister needs to put it in the back cupboard.
00:16Independence and the Coalition teaming up to criticise Labor's move to wind back the rebate
00:22those aged 65 and over receive on their private health cover.
00:27Ditching the Howard-era legacy will save $3 billion to funnel back into the aged care system.
00:33But new analysis from the Parliamentary Budget Office has found about $1.6 billion
00:39will come from about 1.5 million aged pensioners.
00:44Go find your savings elsewhere. There's plenty of waste out there. Go look for it.
00:48This is not an either or. People need access to quality aged care services
00:52and they need to be able to access private health insurance.
00:55The analysis doesn't distinguish between those on a part or full pension
00:59and the government's pointing to modelling that shows only a small portion of people
01:04will drop their private health.
01:06This money could benefit more people if it's redirected to aged care.
01:12This legislation's largely friendless. The Coalition's vowing to block it,
01:16which means it won't pass the Senate unless the Greens get on board.
01:20The government's motivated to push through the political pain
01:24as it straddles a budget-deepened deficit
01:27and an aged care system in serious need of funds.
01:30It's a very 맛있 process for the Board and the Education Project.
01:30We are like, if we are feeding out of the public loan
01:30to the depreciation, we're going to pay our private loan
01:30to the rent and we want to take over some of the premiums.
01:31On the left, we are going to get theanden and we are going
01:31There is a lot of money.
01:32We are going to get a pay-go,
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