14 January 2019 - Australia’s health insurance sector is in a downward performance trend, warn industry leaders, as the spotlight on insurers is set to intensify during the federal election campaign.

The stock price of the listed health insurance companies — Medibank and NIB — are off about 30 per cent from their peaks.

John Van Der Wielen, chief executive of Perth-based not-for-profit fund HBF, said a share price fall “says a great deal” given the market factored in downward pressures in advance. “I think the downward cycle will be for at least three years and likely the next five,” Mr Van Der Wielen said.

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