Medibank & NIB: Interim results 2015

Medibank is still losing market share to NIB, but cost cutting has made it a leaner operation.

In the lead up to its $5.7bn float, Medibank Private was trumpeted as a cost-cutting story. Management pitched that it could use Medibank’s scale and negotiating power to push down the cost of healthcare, reducing claims, while at the same time strip out operating costs.

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