Medibank | |
Formerly | Health Insurance Commission |
Company type | Publicly listed |
ASX: MPL | |
Industry | Insurance |
Founded | 1975 | (Health Insurance Commission)
Headquarters | Melbourne, Australia |
Key people | David Koczkar (CEO) |
Products | |
Revenue | A$7.129 billion[1] (2022) |
A$584.8 million[1] (2022) | |
Total assets | A$4.552 billion[1] (2022) |
Total equity | A$1.945 billion[1] (2022) |
Number of employees | 3,768[1] (2022) |
Subsidiaries | ahm |
Website | medibank |
Medibank Private Limited, better known as simply Medibank, is one of the largest Australian private health insurance providers, covering over 4 million people 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]