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nib Group (nib, formerly Newcastle Industrial Benefits) is an Australian health care fund. It was established in 1952 to provide health insurance for workers at the BHP Newcastle Steelworks, and has since grown into a national and international operation. [1] As of 2017, nib held an 8.3% share of the Australian private health cover market. [2]
In Australia, health insurance is provided by a number of health insurance organisations, called health funds. Such insurance is optional, and covers the cost of treatment as a private patient in a hospital, and may provide "extras" cover. Hospital cover. Medicare covers the cost of treatment as a public patient at a public hospital for ...
In October 2010 Newcastle, New South Wales based health fund NIB made a $140 million takeover offer to GMHBA members. The company went public with the offer, after the GMHBA board rejected their initial offer and refused to enter into discussions. NIB was Australia's first health fund to demutualise, listing on the stock exchange in 2007. [2]
It was launched in Australia in 2013 and New Zealand in 2018. The service allows consumers to rate their experience of a healthcare provider and read other users’ recommendations and reviews. [1] By 2016, Whitecoat was the largest website of its kind in Australia. [2] Whitecoat has drawn significant criticism from professional medical bodies.
How official health insurance numbers understate consumer risks. Wade Zhou. January 8, 2024 at 1:30 PM ... The share of Americans aged 18-64 without health insurance fell from around 15% to less ...
CHOICE also campaigns on behalf of consumers and is a representative on many national and state-based government committees, councils and independent bodies related to consumer rights and issues including food regulation and labelling, health and financial services, telecommunications and digital technology, standards codes, ecologically sustainable development and the environment.
Pages in category "Health insurance in Australia" The following 10 pages are in this category, out of 10 total. ... Nib Health Funds; P. Private Health Insurance ...
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