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NIB upgrades earnings as members put financial well-being before health

NIB upgrades earnings as members put financial well-being before health

People putting off elective surgery was the surprising driver behind another earnings upgrade from NIB.

  • by Colin Kruger

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NIB upgrades full-year guidance again
NIB

NIB upgrades full-year guidance again

NIB Holdings has lifted its full-year earnings guidance for the second time in four months as it reported a 5 per cent lift in net profit to $74.5 million for the December half year.

  • by Colin Kruger
CEOs plea for certainty amid chaos in Canberra
NIB

CEOs plea for certainty amid chaos in Canberra

Politicians are failing the public by not offering certainty on important issues like immigration, energy and corporate tax reform.

  • by Nassim Khadem, Darren Gray & Patrick Hatch
'Edit their DNA': NIB looks to future as profit, dividends rise
NIB

'Edit their DNA': NIB looks to future as profit, dividends rise

Lower than expected claims growth has helped private health insurer NIB increase its profit and raise dividends.

  • by Nassim Khadem
NIB lifts profit forecast thanks to 'benign' claims environment
NIB

NIB lifts profit forecast thanks to 'benign' claims environment

Shares in the private health insurance fund soared after it flagged stronger profit results.

  • by Nassim Khadem
Shorten's private health premium cap: bad policy or 'circuit breaker'?
NIB

Shorten's private health premium cap: bad policy or 'circuit breaker'?

Labor wants to cap private health insurance premiums at 2 per cent if it wins government but there could be unintended consequences industry warns.

  • by Nassim Khadem
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'We desperately need this data': NIB boss wants members' digital health records
NIB

'We desperately need this data': NIB boss wants members' digital health records

NIB chief executive Mark Fitzgibbon says people may be putting themselves at risk by opting out of the My Health Record due to security concerns.

  • by Nassim Khadem
ASX savaged as investors flunk confidence test
NIB

ASX savaged as investors flunk confidence test

Major banks led a savage sell-off on the ASX, as investors fretted over record low wage growth and the growing threat of US political risks.

  • by Patrick Commins and Myriam Robin
Nib puts the heat on surgeons by exposing varied surgery fees
NIB

Nib puts the heat on surgeons by exposing varied surgery fees

Nib said it would be the second health insurer to expose the wide variation in price charged for surgeries, which lead to shock extra costs for patients.

  • by Tim Binsted
Explainer: How Medibank Private may benefit from the prosthetics crackdown
Medibank Private

Explainer: How Medibank Private may benefit from the prosthetics crackdown

Consumers might get a year off big premium rises, but insurers may find their call for a crackdown on overpriced medical devices is not a simple therapy.

  • by Jessica Gardner
Health insurers urge action on costs in return for lower premiums
Medibank Private

Health insurers urge action on costs in return for lower premiums

Federal Health Minister Sussan Ley needs to crack down on the surging cost of healthcare if she will not accept requested insurance premium increases, health insurers say. 

  • by Tim Binsted