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Newcastle Herald
Newcastle Herald
Business
Jamieson Murphy

Private hospitals and nib 'dig a little deeper' to reach new insurance deal

nib was able to salvage the deal, which was on life support just a month ago. File picture

Hunter-based health insurer nib has resolved its contract dispute with St Vincent's Health, with the two parties signing a new agreement.

St Vincent's threatened to walk away from the negotiations in July, claiming the offer from nib doesn't come close to covering the cost of providing hospital services, which would have left nib customers unable to use their hospital cover at group's 10 private hospitals that are home to some the nation's best surgeons and specialist.

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