Established in 1952, nib prides itself on being one of the fastest growing health funds in Australia. The fund now caters to an excess of 800,000 people across the nation who require affordable health cover.
Nib is one of the largest health funds in Australia largely due to its excellent customer service practices. These saw nib being awarded ‘Call Centre of the Year’ in 1999 and 2001. National market growth for nib has increased significantly, notably in 2004, when it provided cover for more than 600,000 Australians.
The fund marked another milestone when it became the first health fund in Australia to demutualise and list on the ASX in 2007. The listing and alteration of the fund’s basic corporate structure allowed nib to fulfill its mission of providing cost effective and innovative financial assistance for health care wherever and whenever necessary.
This article is opinion only and should not be taken as financial advice.
Filed Under: Industry News