Medibank

Medibank Private Limited
Medibank
FormerlyHealth Insurance Commission
Company typePublic
ASXMPL
IndustryInsurance
Founded1975; 49 years ago (1975) (Health Insurance Commission)
HeadquartersMelbourne, Victoria,
Australia
Key people
David Koczkar (CEO)
Products
RevenueIncrease A$8.18 billion[1] (2024)
Increase A$570.40 million[1] (2024)
Total assetsIncrease A$4.69 billion[1] (2024)
Total equityIncrease A$2.31 billion[1] (2024)
Number of employees
3,568[1] (2024)
Subsidiariesahm
Websitemedibank.com.au

Medibank Private Limited, better known as simply Medibank, is an Australian private health insurance provider headquartered in Melbourne, Victoria, Australia. It is Australia's largest private health insurance provider, covering around 4.2 million customers in 2024.[2] Medibank initially started as an Australian Government not-for-profit insurer in 1976, before becoming for-profit in 2009 under the Rudd Government and privatised by the Abbott government in 2014. Medibank now operates as a publicly-listed company on the Australian Securities Exchange.[3]

  1. ^ a b c d e Annual Report 2024 (PDF) (Report). Medibank Private Limited. Retrieved 14 November 2024.
  2. ^ "Company overview". Medibank. Retrieved 10 May 2021.
  3. ^ "History". Medibank. Retrieved 10 May 2021.