NIB's Christmas surprise

NIB received a whopper of a Christmas present this year – approval by the Minister of Health for a 7.99% increase in premiums, far above the 6.2% average increase for the private health insurance industry as a whole. This was the largest rise since NIB’s listing in 2007 and highlights the government’s awareness that it must first satisfy the insurers if it is to prevent its own Medicare expenses spiralling out of control. This gift, however, comes with a warning label – such a rise underscores our concern that private cover is increasingly unaffordable for ordinary Australians and it's...

NIB received a whopper of a Christmas present this year – approval by the Minister of Health for a 7.99% increase in premiums, far above the 6.2% average increase for the private health insurance industry as a whole. This was the largest rise since NIB’s listing in 2007 and highlights the government’s awareness that it must first satisfy the insurers if it is to prevent its own Medicare expenses spiralling out of control.

{{content.question}}

Mastercard

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'An SMS verification code has been sent ...' }}

Hi {{ user.FirstName }}

Looks like you have already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to complete your SMS verification

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to proceed...

Please check your mobile number below and press the Send Verification Code button. This will be used to complete your verification in the next step.

Please sign up for full access

Mastercard

Updating information

Please wait ...

Trial

Mastercard
{{ productPrice }} / day
( GST included )
Price $0
GST $0
Discount -{{productDiscount}}
TOTAL {{productPrice}}
  • Mastercard
  • Visa

Please click on the ACTIVATE button to finalise your membership

Mastercard

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device


Register as a new member

(using a different email)

Related Articles