Medibank's slippery slope

Australia's largest private health insurer faces plenty of headwinds, but it's also better value.

'Don’t overlook the obvious by drowning in the minutiae' – Charlie Munger

In 2014, Australia’s largest private health insurer, Medibank Private, was also its least efficient – and that made a great sales pitch in the lead up to its $5.7bn privatisation in November last year.

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