Powered by MOMENTUM MEDIA
moneymanagement logo
 
 

nib enters strategic alliance

insurance/chief-executive/

26 July 2012
| By Staff |
image
image image
expand image

Australian specialist health insurer, nib health funds limited has linked with major US provider, UnitedHealthcare International to service the company's expatriate insurance members in Australia.

The two companies announced what they described as a "strategic alliance" this week, with nib chief executive Mark Fitzgibbon pointing to the need for health insurance coverage across borders.

"Today's increasingly mobile global workforce has health needs that cut across borders, and we can now offer an attractive solution to those needs for UnitedHealthcare International's customers in Australia," he said.

"Through our exclusive relationship, UnitedHealthcare International's customers will now have access to nib's network of 500 leading Australian hospitals, as well as local physicians and direct payment arrangements with other care providers, such as dentists and opticians," Fitzgibbon said.

He said nib already provided private health insurance cover in Australia to approximately 20,000 international customers, including foreign workers and international students.

Fitzgibbon said the alliance with UnitedHealthcare International would better position nib to consider other international initiatives.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

1 day 19 hours ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

1 week 1 day ago

So we are now underwriting criminal scams?...

6 months 1 week ago

Australian retirees could increase their projected annual incomes by as much as 51 per cent through comprehensive financial advice, according to a Vanguard study, but cos...

4 weeks 1 day ago

After last month’s surprise hold, the Reserve Bank of Australia has announced its latest interest rate decision....

3 days 15 hours ago

Libby Roy has been appointed as an independent non-executive director on the board of AZ NGA....

3 weeks 3 days ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
74.26 3 y p.a(%)
3