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

NHF

Click for more information

0.95%

$7.42 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

AVA

Ava Risk Group expands US presence with A$0.7M Substation Deal

SS1

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

LRV

Larvotto identifies new exploration target at NSW's Hillgrove, boosting shares by nearly 20%

RCE

Recce's R327 found effective against E.coli during clinical trial

Wealth Within weighs in on shock 4% inflation read – and stocks that could survive the gloom

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 $7.42		Change 0.070(0.95%)		Mkt cap ! $3.618B

Open	High	Low	Value	Volume
$7.47	$7.49	$7.41	$909.7K	122.1K

Buyers (Bids)

No.	Vol.	Price($)
19	1969	$7.41

Sellers (Offers)

Price($)	Vol.	No.
$7.42	1340	21

View Market Depth

No.	Vol.	Price($)
22	2491	7.410
7	1659	7.400
8	3385	7.390
7	8476	7.380
2	1587	7.370

Price($)	Vol.	No.
7.420	953	22
7.430	3520	19
7.440	8208	14
7.450	8752	13
7.460	2758	9

Last trade - 13.31pm 28/06/2024 (20 minute delay)

NHF (ASX) Chart

SPONSORED BY