Publication:	news.com.au
Date:	24 September 2009
Section:	Business

 

AUSTRALIA'S biggest private health insurer Medibank Private says it has still managed to grow membership, despite a slowdown in the number of Australians taking up private health insurance across the sector. Medibank Private booked a $91.2 million net profit for the 2009 financial year - down 51.4 per cent on the prior year - after a negative 2.7 per cent return from investments as a result of volatility in equity markets... Medibank Private said it had maintained national market share leadership at the end of the year, with a slight increase to 31.6 per cent of all private health insurance memberships.