Medibank Private Ltd

MPL: XASX (AUS)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	A$1.40	Tpvnw	Wkgbxgvm

Signs Medibank Policyholder Growth Has Turned a Corner, With Benefits of Lower Claims Persisting

Nathan Zaia

Feb 23, 2023

Medibank reported a 5.9% increase in fiscal 2023 first-half net profit after tax to AUD 233 million, with operating income from the key private health insurance division up 9% thanks to policyholder growth and average claims per policyholder rising by less than price increases. Premiums increased 2% while claims increased only 0.7%.

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