MPL 1.08% $3.76 medibank private limited

Gillys, Too many smartarse posts from me, my apologies. But,...

  1. 6,368 Posts.
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    Gillys,
    Too many smartarse posts from me, my apologies.
    But, when you look at private health funds, they are not designed to make a lot of money.

    As far as your comments on them being a more efficient form of government department, I think that is a very good way of thinking about them.

    The basic structure of the whole industry is to take in money, disburse most of it back as claims, and take a tightly regulated fee to cover costs , and a modest profit.
    Then throw in the inability to refuse members, portability, claims equalisation.
    Hence my "utilities" comment above.
    So, unless that structure is changed, I dont see any huge increase in profits.
    The only people able to make those changes would be government, and government has no incentive to make changes.
    As a shareholder , sure great to see those changes, but why would, or should, governments do it?
    As a taxpayer, and voter, and a medibank private member, why would I be interested in increased profits for MPL?


    Cheers
 
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