NIB Holdings Ltd · ASX:NHF
NIB — Macquarie Australia Conference 2019
7 slides from NIB's conference presentation, May 1, 2019
Slide 1: Presentation to the Macquarie Australia Conference – May 2019
nib holdings limited t 13 14 63 Head Office f 02 4925 1999 22 Honeysuckle Drive Newcastle NSW 2300 e [email protected] abn 51 125 633 856 w nib.com.au For personal use only 1 May 2019 The Manager Company Announcements Australia Securities Exchange Limited Level 4, Bridge Street SYDNEY NSW 2000 Presenta
Slide 2: Macquarie Australia Conference
For personal use only MACQUARIE AUSTRALIA CONFERENCE 1 May 2019 MARK FITZGIBBON Managing Director, nib Group 1
Slide 3: Public Policy Shifts Are Not New to PHI
PUBLIC POLICY SHIFTS ARE NOT NEW TO PHI For personal use only Hospital Treatment Coverage Insured persons as a % of population Commonwealth medical benefits at 30% flat 90.00% rate restricted to those with at least basic Introduction of 30% medical cover from September 1981 Rebate means Introduction
Slide 4: Why We Need More PHI
WHY WE NEED MORE PHI For personal use only Growing Pressures on Extent of out of Required dependency public system pocket expense investment in ratio data science and digital engagement 3
Slide 5: Policy Reform Priorities
POLICY REFORM PRIORITIES For personal use only Financial support outside the “hospital gate” Unwinding regulatory capture - Second tier hospital default - Prosthetic pricing Premium pricing regime Risk rather than payments equalisation 4
Slide 6: 2021 Value Proposition
2021 VALUE PROPOSITION For personal use only Support members: Select a level of financial protection more in keeping with their individual risk profile, Predict and hopefully, prevent or mitigate disease risk, Generally improve their health literacy and behaviour with information and tools relevant
Slide 7: Three Pillars of Data Science
THREE PILLARS OF DATA SCIENCE For personal use only Pillar 1 Pillar 2 Pillar 3 Data collection, Population data Consumer interoperability and interpretation and engagement and tools assembly algorithms for prediction and precision Provider engagement Individual digital health and tools record Indivi