BUZZ-Aussie healthcare stocks jump as insurance premiums rise; Healius top gainer

Reuters03-05

** Aussie health stocks jump as much as 1.1% to record their biggest intraday gain since Feb 21

** Australian Health Minister Mark Butler says almost 15 million private health insurance customers will experience a rise in their premiums of over 3% on average from April 1

** Shares of Healius advance as much as 16% to A$1.31, their biggest intraday pct gain since June 15, 2020, and stock was the top gainer in the health sub-index

** ASX-listed shares of Resmed were among the top gainers as well, rising as much as 3.6%

** Medibank premiums will increase by 3.3%, while nib Holdings customers will incur a 4.1% price rise

** Sub-index down ~1% YTD

(Reporting by Neha Soni in Bengaluru)

((Neha.Soni@thomsonreuters.com))

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