NIB isn’t the largest private health insurance company in Australia, but it was definately the first to be be listed on ASX. According to gathered data, NIB controls only 7 percent of the market, while MBF and Medibank controls more than 43 percent in total. It’s rumored that both Medibank and MBF are planning to go public in 2008.
I bought mine with Medibank, have you buy a private health insurance yet?
* In terms of market share:
1. Medibank
2. BUPA Australia
3. MBF
* It’s recently rumored that BUPA has interest in taking over MBF.
Alan says
First to be listed on ASX lends some credibility to this company even though it is quite a bit smaller than its competition. Alan