news on insurance listing

Sydney - Tuesday - September 1: (RWE Australian Business News) -
KarmelSonix Ltd (ASX:KSX) today announced GMHBA had become the first
private health insurer in Australia to agree to provide a benefit to its
members for the purchase of the Personal Wheezometer when it becomes
available to the public later this year.
Production of units for the Personal Wheezometer, which received
TGA approval in May, has commenced and KarmelSonix expects the Personal
Wheezometer will be available for purchase commencing the final quarter
of 2009 with a variety of distribution channels being put into place.
The company says the listing of the Personal Wheezometer as a
claimable product through the private health insurance process will
allow for significant penetration of the Personal Wheezometer into the
community, where asthma affects up to 15pc of the Australian population
including adults and children.
Private health insurance in Australia covers 50pc of the
population, so more than 1m asthma sufferers have some type of private
health insurance coverage.
ENDS