The Australian Prudential Regulation Authority (APRA) today released its quarterly private health insurance publications for the March 2018 quarter.
The publications provide industry aggregate summaries of key financial and membership statistics for the private health insurance industry.
Key performance statistics for the private health insurance industry in the year ended 31 March 2018:
|
|
March 2017 |
March 2018 |
Change |
|---|---|---|---|
|
Premium revenue |
$22.8 billion |
$23.8 billion |
+4.0% |
|
Total fund benefits |
$19.7 billion |
$20.3 billion |
+3.0% |
|
Net profit after tax |
$1.35 billion |
$1.38 billion |
+2.6% |
|
Total assets |
$13.6 billion |
$14.4 billion |
+5.5% |
Key ratios for the private health insurance industry in the year ended 31 March 2018:
|
|
March 2017 |
March 2018 |
Change |
|---|---|---|---|
|
Gross margin |
13.60% |
14.41% |
+0.81 pp |
|
Net margin |
4.81% |
5.41% |
+0.60 pp |
View the March 2018 quarterly private health insurance publications.