Health insurance spirals but you won’t know it from BUPA’s accounts

Health insurance is yet another sector subsidised by taxpayers but statutory disclosure remains poor, particularly when it comes to the new industry leader, Bupa. Although it is a $6 billion insurance leviathan and steward of Australia’s elderly, this company and its auditor KPMG claim there is only one legitimate user of its financial statements and … Continue reading Health insurance spirals but you won’t know it from BUPA’s accounts