Australia's largest stock trading and investment forum Australia's #1 stock forum

NHF

Click for more information

3.58%

$7.53 nib holdings limited

Ann: FY20 Half Year Results ASX Announcement, page-9

First 9 Last

Share
Profile

Follow
street talk

11,142 Posts.

478

25/02/20

14:25

Post #: 43139267
Share

Originally posted by madamswer: ↑

"Australia was slowly and quietly slipping too far towards the US health care model. A healthy balance needs to be found."

Not sure of the point you are trying to make here, but balance is exactly what the concept of privately-funded health care was intended to achieve: viz., people who can't afford to pay for their medical needs can rely on state-funded healthcare, but wealthy people, who can afford to pay for their medical needs, should do so.

The more that people, who can afford to pay for their own health needs, don't participate in the private health care sector the more strain it places on the already-stretched public sector.

The problem is that the majority of people - out of a sense of entitlement, possibly - don't view private health insurance as exactly that (i.e., insurance); rather, they view it through the lens of "getting value for money" (i.e., a case of, "If my health fund premiums exceed my claims, then what's the point? I may as well go public, in that case.").

Expand

Healthcare should be free for all. Forcing people to pay a tax if they don’t take out private health insurance is a scam.

Now NIB wants the government to intervene in the market yet again cause their revenue has taken a hit.

NHF Price at posting: $4.88 Sentiment: Sell Disclosure: Not Held
1 Upvote

0 Great analysis

Reply

Top Stories

1CG

One Click Group jumps 4% after ending quarter with $2.4M in cash; $1M in revenue and 150K+ users on board

MRC

Mineral Commodities to shut down Tormin mineral sands project as oil spill contaminates beach

MGU

New results confirm Buena Vista's iron grades potential

KOB

Koba, formerly a cobalt player, gears up to become newest explorer in the uranium state: South Australia

Trimmed CPI figure provokes market jump of 1%, but inflation pressures remain a reality

There are more pages in this discussion • 20 more messages in this thread...

First 9 Last

Add NHF (ASX) to my watchlist

(20min delay)
Last $7.53		Change 0.260(3.58%)		Mkt cap ! $3.652B

Open	High	Low	Value	Volume
$7.37	$7.55	$7.33	$13.23M	1.765M

Buyers (Bids)

No.	Vol.	Price($)
3	5069	$7.51

Sellers (Offers)

Price($)	Vol.	No.
$7.53	4872	2

View Market Depth

No.	Vol.	Price($)
3	5069	7.510
2	3041	7.500
1	7163	7.490
2	6043	7.480
2	5550	7.470

Price($)	Vol.	No.
7.530	4872	2
7.560	10224	3
7.570	6079	3
7.580	8305	3
7.590	3505	2

Last trade - 16.10pm 31/07/2024 (20 minute delay)

NHF (ASX) Chart