Mr. Jim Dowdall:

There was no reason. The view was simply that it is generally linked to unemployment levels. It is not that simple. There is absolutely vast pressure on the consumer purse today and we need to examine price elasticity and the implications of these increased charges coming through. We also need to consider the implications of devaluing the health insurance product. If someone paying for private health insurance is in the public health system in a public bed next to someone who is not paying anything, it will devalue the proposition provided by health insurers. Unfortunately, we got no acceptance that there was a need to do this analysis.