Medibank Private Limited
(ASX:MPL) says first half profit jumped by 58 per cent to $227.6 million.
The strong result was due to a one-off tax benefit, weak claims from members and improved management of claims.
The private health insurer did see a 0.6 per cent drop in the amount of policyholders during the period however revenue rose nearly 5 per cent to $3.1 billion.
An interim dividend of 5 cents per share will be paid on March 29.
