Seamless coverage for UnitedHealthcare’s ‘Global Solutions’
expatriate insurance clients in Australia
SYDNEY--(BUSINESS WIRE)--
nib health funds limited (nib) and UnitedHealthcare International, a
UnitedHealth Group company (NYSE: UNH), today announced a strategic
alliance through which nib will support UnitedHealthcare International’s
Global Solutions expatriate insurance members in Australia and, in some
cases, its local Australian members.
“Today’s increasingly mobile global workforce has health needs that cut
across borders, and we can now offer an attractive solution to those
needs for UnitedHealthcare International’s customers in Australia,” said
nib’s chief executive officer, Mark Fitzgibbon. “Through our exclusive
relationship, UnitedHealthcare International’s customers will now have
access to nib’s network of 500 leading Australian hospitals, as well as
local physicians and direct payment arrangements with other care
providers, such as dentists and opticians.”
nib already provides private health insurance cover in Australia to
approximately 20,000 international customers, including foreign workers
and international students. According to Mr. Fitzgibbon, the alliance
with UnitedHealthcare International better positions nib to consider
other international initiatives.
“We have a view that increasingly people will need global health
insurance cover and that if we don’t have an involvement in this
phenomenon we could be missing an enormous opportunity,” Mr. Fitzgibbon
said.
Global Solutions is UnitedHealthcare’s global expatriate health
insurance program for employers of all sizes with employees based
internationally.
“UnitedHealthcare International’s clients are benefitting from our
expanding global health care network, providing their employees with
seamless access to high quality health care,” said Simon Stevens,
president, Global Health, at UnitedHealth Group. “A growing number of
our clients have operations in Australia, and they now will have access
to top hospitals and care providers there.”
UnitedHealth Group serves 75 million people worldwide through its family
of US and international health and well-being businesses. The company
recently expanded Global Solutions coverage to eight Middle Eastern
countries through a similar strategic alliance with Dubai based Al Sagr
Insurance company.
About nib
nib provides health insurance cover to approximately 460,000
policyholders for hospital, medical and ancillary needs. nib now
provides private health insurance cover in Australia to approximately
20,000 international customers, including foreign workers and
international students. With premium revenue in 2011 of more than AUS$1
billion, nib is Australia’s fifth largest health insurer and the only
ASX-listed health insurer (ASX: nhf).
About UnitedHealth Group
UnitedHealth Group (NYSE: UNH) is a diversified health and well-being
company dedicated to helping people live healthier lives and making
health care work better. With headquarters in Minnesota, USA,
UnitedHealth Group offers a broad spectrum of products and services
through UnitedHealthcare, which provides health care coverage and
benefits services; and Optum, which provides information and
technology-enabled health services. UnitedHealth Group serves more than
75 million people worldwide. Visit www.unitedhealthgroup.com/global
for more information.
Matthew Neat
m.neat@nib.com.au
nib
Australia
Tel 02 49 141 777
Mobile: 0411 700 006
or
Tyler Mason
Tyler.mason@uhg.com
UnitedHealth
Group
US Tel +1 (714) 299-5730
Source: UnitedHealth Group
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