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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]
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]
Health Insurance Fund (HIF) is an Australian, not-for-profit insurer. In 1954 it was brought into existence as the WA Government Employee's Hospital and Medical Benefits Fund Incorporated. In 1954 it was brought into existence as the WA Government Employee's Hospital and Medical Benefits Fund Incorporated.
What services are covered and how much is reimbursed and caps that apply vary between funds. Health insurance in Australia is community rated; health funds cannot take age, gender, pre-existing conditions or other underlying risk factors into account in the calculation of premiums. The largest health fund with a 26.9% market share is Medibank ...
Medibank began as an Australian Government private health insurance scheme, established by the Whitlam government in 1975 through the Health Insurance Commission. [4] In its original form, it was a universal health insurance programme funded through taxation, that also ensured free treatment at public hospitals and provided subsidies to private hospitals.
The Department of Health and Aged Care (DHAC), formerly the Department of Health, is a department of the Australian Government responsible for funding, promotion and regulation of health care in Australia. Primary health and aged care services are overseen by the DHAC, while tertiary health services are administered by the state and territory ...
On the sidelines of the Belt and Road Forum in Beijing, Xi and Russian president Vladimir Putin pledged to further strengthen economic and trade cooperation between the two sides. Vladimir Putin further stated that, "countries gathering under the Belt and Road Initiative and the Eurasian Economic Union share long-term strategic interests of ...
The Australian Cancer Research Foundation (ACRF) is an Australian not-for-profit organisation which funds research into the prevention, diagnosis and treatment of all types of cancer. It provides multimillion-dollar grants for high-end research equipment, technologies, and infrastructure development to support the work of Australian cancer ...