A threat to the Health Insurance sector was the global financial crises and this was a time when export levels declined in the country which was the backbone of the Australian economy. Besides, as of 2013, the mining boom in the country officially came to an end, and this led to the slowing down of the GDP value at 2.7 percent. However, as of 2015 and above, there has been a significant improvement in export levels. The general economy has improved considerably as a consequence. While export levels might not have a direct impact on the Health Insurance industry, it does affect a vast amount of population within the country who would have found impossible to get competitive health premiums. Private health insurers like Medibank and HCF would have been challenged because of the less economic spending of healthcare clients. This would have led to less buyer power in the industry. Lesser buyer power leads to less choices, and more of a monopolistic trend, the industry becomes less competitive and the growth forms become limited as a consequence. With the recovering economy, it was possible for the Health Care industry to find more competitive ways to stabilize its profits. Moreover, the current economy is focused on skilled labour, science and technology. Health care systems try to incorporate all three and this has been a significant point of leverage for Health Insurance Businesses. New ways of attracting partners, vendors and customers and more efficient ways of consumer satisfaction and regulation compliance become possible within the industry.