It doesn't feel like an exaggeration to call it extortion either.
If you maintain the cheapest qualifying policy you are almost guaranteed to be paying for something of such little value that you will never choose to use it. Nobody benefits other than health insurance hareholders.
One of a large number of social, economic and environmental injustices that the ALP should fix but will not. They have the numbers. It's a rare opportunity.
Paying to get access to data and eyeballs. Social media is about mass surveillance and influence. The customers pay the service for access to the stupid people. Always have.