Brief: Nib Postpones Premium Rise By Five Months

NIB Holdings

06/02/2023 21:48

Feb 7 (Reuters) - NIB Holdings Ltd  NHF.AX :
    * NIB POSTPONES PREMIUM RISE FIVE MONTHS
    * INCREASE ITS PRIVATE HEALTH INSURANCE PREMIUM BY 2.72%
    * INCREASE IS DELAYED BY FIVE MONTHS UNTIL 1 SEPT
    * NIB WILL DEFER INCREASE FOR FIVE MONTHS TO 1 SEPTEMBER,
2023.
    * FURTHER REVIEW EXPECTED MID-YEAR
    * DECISION TO DEFER PREMIUM RISE REFLECTS CONTINUED SLOW
PACE OF
CLAIMS, WHICH REMAIN BELOW PRE-COVID LEVELS FOR HOSPITAL
TREATMENT

Source text for Eikon:  ID:nASX4ZrkQv 
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