NIB Holdings Ltd · ASX:NHF
NIB — UBS Australasia Conference 2015
11 slides from NIB's conference presentation, Nov 17, 2015
Slide 1: ASX cover letter: Presentation to UBS Australasian Conference
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 17 November 2015 The Manager Company Announcements Australia Securities Exchange Limited Level 4, Bridge Street SYDNEY NSW 2000 Pr
Slide 2: UBS Australasia Conference November 2015
UBS AUSTRALA CONFERENCE NOVEMBER 205 November 2015 | All figures in this document are represented in Australian dollars unless otherwise stated
Slide 3: Overview
UBS AUSTRALASIA CONFERENCE | NOVEMBER 2015 2 Overview For personal use only 1. General thematics. 2. Our preoccupation with “supply” side policy. “Demand” side opportunities to improve market efficiency. 3. PHI review and near term reforms. 4. nib outlook.
Slide 4: General Thematics
UBS AUSTRALASIA CONFERENCE | NOVEMBER 2015 3 General Thematics For personal use only • The private sector will play an increased role in the delivery and funding of healthcare because of an increasing dependency ratio. • The digital age is transferring power from suppliers to consumers, especially i
Slide 5: The Inconvenient Truth
UBS AUSTRALASIA CONFERENCE | NOVEMBER 2015 4 The Inconvenient Truth For personal use only Australian Treasury Projection * Source: Treasury Projections (2015 Intergenerational Report Australia in 2055)
Slide 6: Market efficiency and the demand side
UBS AUSTRALASIA CONFERENCE | NOVEMBER 2015 5 Market efficiency and the demand side For personal use only • Supply side management vitally important o Paying for the right things o Getting value for money o Supply chain management • But demand side has been neglected o Imperfect information and asymm
Slide 7: Whitecoat
UBS AUSTRALASIA CONFERENCE | NOVEMBER 2015 6 Whitecoat For personal use only We made significant investment in our IT and digital strategy, especially recognising the potential of the ‘digital era’ to disrupt the healthcare market and create opportunities. • Will help customers make more informed de
Slide 8: PHI reform – nearer term
UBS AUSTRALASIA CONFERENCE | NOVEMBER 2015 7 PHI reform – nearer term For personal use only • Redistribution of premium rebate. • PHI and primary care. • Risk equalisation. • Risk rating behaviour and encouraging youth. • Price and service cost deregulation. • Health savings accounts. • Capitation f
Slide 9: nib Outlook
UBS AUSTRALASIA CONFERENCE | NOVEMBER 2015 8 nib Outlook For personal use only • arhi organic growth target of 1.5-2x system within range of 5.0-5.5% net profit margin. • Impending private health insurance review a significant net positive. • International (Inbound) Health Insurance to continue to g
Slide 10: FY16 Guidance
UBS AUSTRALASIA CONFERENCE | NOVEMBER 2015 9 FY16 Guidance For personal use only ($m) FY15 FY16 Strong FY16 Q1 arhi net policyholder growth of 1.6% (actual) (forecast) (FY15 Q1: 0.7%). Statutory operating profit 81.7 90 – 100 One-off transaction and M&A costs 2.1 4-5 FY16 consolidated statutory
Slide 11: UBS Australasia Conference November 2015
UBS AUSTRALA CONFERENCE NOVEMBER 205 November 2015 | All figures in this document are represented in Australian dollars unless otherwise stated