Medibank & NIB: Result 2016

Medibank continues to lose customers to its smaller rival, with growth and margins going in the wrong direction.

In Medibank faces big hurdles, we explained how a 6% a year increase in the price of private health insurance policies over the past decade – far higher than wage growth – has made affordability an issue for many Australians. Medibank Private’s customers have responded by downgrading to cheaper products or letting their policies lapse.


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