21 November 2014
The Manager
Company Announcements
Australia Securities Exchange Limited
Level 4, Bridge Street
SYDNEY NSW 2000
nib holdings limited
Head Office
22 Honeysuckle Drive Newcastle NSW 2300 abn 51 125 633 856
t 13 14 63
f 02 4925 1999
e nib@nib.com.au
w nib.com.au
Presentation to the Medical Tourism Summit - 21 November 2014
Attached presentation delivered by nib's Managing Director, Mark Fitzgibbon, at the
Medical Tourism Summit (21 November 2014).
Yours sincerely
Michelle McPherson
Company Secretary/Chief Financial Officer
Mark Fitzgibbon
Chief Executive Officer/ Managing Director
• We are spending more and more on
healthcare services.
• Governments are running short, or haven't the tax revenue.
• International barriers are crumbling.
2
International Borders are crumbling because
• Globalisation of markets and
competition.
• Cheap transport/rising wealth/freedom of movement.
• Communication and technology.
• Deliberate investment in medical travel
(e.g. Thailand).
3
A bit about nib Options
• Bundled service offering.
• Fee for service, notinsurance.
• Value proposition promised upon trustworthiness, quality assurance and safety.
4
Market horizons for nib Options• Australia and New Zealand:
- cosmetic/dental
- medical (uninsured and insured)
• Cosmetic/dental/medical in foreign markets.
5
State of play• Capability being built since 2013.
• "Soft" launch in March 2014.
• Advertising commenced October 2014.
• Significant further investment planned.
• Steep learning curve.
6
General observations• China has special potential.
• USA is a slow mover.
• Focus is shifting from cosmetic to medical.
• There are synergies with health insurance.
7
distributed by |