NIB Health Funds Limited is a leading Australian private health insurer, ranked among the top providers in the country. While exact annual rankings may vary, NIB consistently holds a top-five position by market share, competing with major insurers like Medibank and Bupa.
The Australian Prudential Regulation Authority (APRA) publishes quarterly reports on private health insurance market share, where NIB typically maintains a strong presence. As of recent data, NIB holds approximately 8-10% of the market, reflecting its significant role in Australia’s healthcare sector.
