Morningstar warns of headwinds for nib Holdings after Australia plans rebate cuts

NIB Holdings

17/05/2026 22:26

** Morningstar says government proposal to remove private health insurance rebates for over-65s poses headwinds for Australia's nib Holdings NHF.AX

** Investment firm expects premiums rise for around 3.2 million of 12.7 million Australians, sees lower participation and policy downgrading risk for the health and medical insurance provider

** Morningstar reduces policyholder growth forecast of co to 0.2% per year

** Says co's exposure to National Disability Insurance Scheme also faces headwinds as government aims 20% reduction in participants by end of 2030

** Six of 10 analysts rate the stock "buy" or higher, three "hold" and one "sell" or lower; their median PT is A$7.5, LSEG-compiled data shows

** YTD, NHF down 3.5%

 (Reporting by Aamir Sheik Khalid in Bengaluru)

 ((Aamir.SheikKhalid@thomsonreuters.com))