Cheap and cheerful, low cost low value, can’t really do the job, as can be seen by the breaches, SingTel Optus, Medibank, former public sector medical insurer based out of Melbourne’s Docklands can’t really stop the breaches.
They have no capability and are the second or third XI or XV. It is why NHF has stayed so far behind BUPA and Medibank. They are not trusted enough for customers beyond say Northern NSW and Newcastle to gain more market share.
How would NHF be more capable of dealing with breaches than Medibank which has more market share and more resources even though it was obviously insufficient and obviously too cheap and too low value?
Ann: Trading Halt, page-15
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