NIB First Private Health Insurance Listed in ASX
Posted in Investing on Nov 6, 2007
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.
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