Nib Holdings Ltd · ASX:NHF
Nib — Ramsay Health Care Managers Conference 2014
7 slides from Nib's conference presentation, Sep 12, 2014
Slide 1: Presentation to Ramsay Health Care Managers Conference - 12 September 2014
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 12 September 2014 The Manager Company Announcements Australia Securities Exchange Limited Level 4, Bridge Street SYDNEY NSW 2000 P
Slide 2: Ramsay Health Care Managers Conference 2014: The Tardis of Private Health Insurance
For personal use only Ramsay Health Care Managers Conference 2014 The Tardis of Private Health Insurance Mark Fitzgibbon Chief Executive Officer/ Managing Director 12 September 2014
Slide 3: 2014 – Age of Aquarius
2014 – Age of Aquarius For personal use only • Insurers and policyholders mostly pay whatever doctors and hospitals demand based upon fee for service. • Insurers pay the same fee irrespective of clinical performance and quality. • Doctors, hospitals and every other clinical provider has an economic
Slide 4: 2016 – Waxing consumers sovereignty
2016 – Waxing consumers sovereignty For personal use only • Insurers contract with GPs for the purposes of better managing “frequent flyers” and reducing unnecessary volume, especially hospital admissions. • All hospital provider contracts exclude payment for ‘never ever’ events and other makers of
Slide 5: 2020 – The earth is flat after all
2020 – The earth is flat after all For personal use only • All hospital payments are DRG based but remain fee for service thereby still inviting volume. • There are four major insurers with further international ownership. • DVA is outsourced and operated by an insurer. • Private hospitals role in b
Slide 6: 2025 – The end of the policy Darleks
2025 – The end of the policy Darleks For personal use only • “Medicare Select” is in place with insurers covering the entire healthcare spectrum. Insurers compete for customers via product, service and price. • Public healthcare funding is centred upon those who would otherwise be left behind via co
Slide 7: A brave new world for Private Hospitals
A brave new world for Private Hospitals For personal use only • More of our national spending will be upon private hospitals because: • Superior value proposition and increasing consumer wealth. • Greater efficiency. • Government fiscal challenges. • But cost inflation must be managed to keep PHI af
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