{"id":574,"date":"2018-11-16T05:00:37","date_gmt":"2018-11-16T05:00:37","guid":{"rendered":"http:\/\/www.16news.com.au\/?p=574"},"modified":"2018-11-16T05:00:37","modified_gmt":"2018-11-16T05:00:37","slug":"apra-releases-quarterly-private-health-insurance-statistics-for-september-2018","status":"publish","type":"post","link":"http:\/\/www.16news.com.au\/index.php\/2018\/11\/16\/apra-releases-quarterly-private-health-insurance-statistics-for-september-2018\/","title":{"rendered":"APRA releases quarterly private health insurance statistics for September 2018"},"content":{"rendered":"<div class=\"field field-name-field-introduction field-type-text-long field-label-hidden\">\n<div class=\"field-items\">\n<div class=\"field-item even\">The Australian Prudential Regulation Authority (APRA) today released its quarterly private health insurance publications for the September 2018 quarter.<\/div>\n<\/div>\n<\/div>\n<div class=\"field field-name-body field-type-text-with-summary field-label-hidden\">\n<div class=\"field-items\">\n<div class=\"field-item even\">\n<div>The publications provide industry aggregate summaries of key financial and membership statistics for the private health insurance industry.<\/div>\n<div><\/div>\n<div>Key performance statistics for the industry in the year ended:<\/div>\n<div><\/div>\n<div>\n<div class=\"responsive-table\">\n<table class=\"apraResponsiveTable-processed\" border=\"1\" cellspacing=\"1\" cellpadding=\"1\">\n<thead>\n<tr>\n<th scope=\"row\"><\/th>\n<th scope=\"col\"><strong>September 2017<\/strong><\/th>\n<th scope=\"col\"><strong>September 2018<\/strong><\/th>\n<th scope=\"col\"><strong>Change<\/strong><\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><strong>Premium revenue<\/strong><\/td>\n<td>$23.30 billion<\/td>\n<td>$24.07 billion<\/td>\n<td>3.31%<\/td>\n<\/tr>\n<tr>\n<td><strong>Fund benefits<\/strong><\/td>\n<td>$19.72 billion<\/td>\n<td>$20.43 billion<\/td>\n<td>3.62%<\/td>\n<\/tr>\n<tr>\n<td><strong>Net profit after tax<\/strong><\/td>\n<td>$1.43 billion<\/td>\n<td>$1.41 billion<\/td>\n<td>-1.37%<\/td>\n<\/tr>\n<tr>\n<td><strong>Total assets<\/strong><\/td>\n<td>$13.60 billion<\/td>\n<td>$14.09 billion<\/td>\n<td>3.61%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p>&nbsp;<br \/>\nKey ratios for the industry in the year ended:\n<\/p><\/div>\n<div><\/div>\n<div>\n<div class=\"responsive-table\">\n<table class=\"apraResponsiveTable-processed\" border=\"1\" cellspacing=\"1\" cellpadding=\"1\">\n<thead>\n<tr>\n<th scope=\"row\"><\/th>\n<th scope=\"col\">September 2017<\/th>\n<th scope=\"col\">September 2018<\/th>\n<th scope=\"col\">Change<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Gross margin<\/td>\n<td>14.41%<\/td>\n<td>14.15%<\/td>\n<td>-0.26pp<\/td>\n<\/tr>\n<tr>\n<td>Net margin<\/td>\n<td>5.52%<\/td>\n<td>5.18%<\/td>\n<td>-0.34 pp<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p>&nbsp;<br \/>\nCopies of the September 2018 quarterly publications are available on APRA\u2019s website at:\u00a0<a href=\"https:\/\/www.apra.gov.au\/publications\">https:\/\/www.apra.gov.au\/publications<\/a>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Australian Prudential Regulation Authority (APRA) today released its quarterly private health insurance publications for the September 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 industry in the year ended: September 2017 September 2018 Change Premium revenue $23.30 &hellip; <a href=\"http:\/\/www.16news.com.au\/index.php\/2018\/11\/16\/apra-releases-quarterly-private-health-insurance-statistics-for-september-2018\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;APRA releases quarterly private health insurance statistics for September 2018&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-574","post","type-post","status-publish","format-standard","hentry","category-aussie"],"_links":{"self":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/574","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/comments?post=574"}],"version-history":[{"count":0,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/574\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/media?parent=574"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/categories?post=574"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/tags?post=574"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}