ASX-listed NIB has spent about $150 million snapping up seven NDIS plan management businesses since late 2022. NIB figured it could make a motza in the lucrative $52 billion-a-year taxpayer-funded ...

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An investigation by this masthead shows the funds generated a windfall of as much as $330 million from buying a business created by a former special ed teacher then selling to a US insurance giant ...

This is how major health insurer NIB made a mess of an aggressive plan to enter the NDIS space, which resulted in a mass exodus of disabled clients. See why. ASX-listed NIB has spent about $150 ...