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NIB still waiting for pandemic-delayed surgeries, profit up

Ayesha de Kretser
Ayesha de KretserSenior reporter

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NIB Holdings chief executive Mark Fitzgibbon says the omicron variant kept people from scheduling non-urgent surgeries throughout the six months to December 31 and even into January, after the health insurer delivered a 25 per cent increase in interim net profit to $81.4 million.

NIB increased its interim dividend by 10 per cent to 11¢ a share after premium revenue grew 8.2 per cent, with the pandemic spurring more people to take policies.

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    Original URL: https://www.afr.com/companies/professional-services/nib-profit-jumps-as-pandemic-boosts-health-insurance-20220218-p59xqk