Guy Barnett (Tasmania, Liberal Party) Share this | Hansard source

Listen to this, Senator Lundy—you might learn something. The privately owned BUPA has a management expense ratio of 7.7 per cent compared to 9.3 per cent for Medibank Private and 10 per cent for the mutualised MBF. So, a privately owned entity has a management expense ratio of 7.7 per cent—