23 March 2020 - Medibank chief executive Craig Drummond says reform of the private health sector will have to wait as all parts of the health system mobilise to confront an unprecedented crisis caused by the coronavirus pandemic.

The nation's largest private health insurer has been battered in recent times by the industry-wide trends of rising hospital claim costs and an exodus of young members - twin forces some warn have put the sector in a "death spiral".

Drummond was preparing to spend 2020 tackling these challenges by pushing for regulatory reform while evolving his own business from a simple payer of bills to being a provider of medical services.

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