Company
Medibank Private Limited
Headquarters: Docklands, VIC, Australia
Founded: 1975 as part of the Health Insurance Commission
Employees: 3,409
CEO: Mr. David Koczkar B.Com., BCom, MAICD, PGDipFinance
Market Cap
A$10.19 Billion
AUD as of July 1, 2024
US$6.79 Billion
Medibank Private Limited Categories
Australia Financials Insurance—DiversifiedAustralia Financials Australia Insurance—Diversified
Company Description
Medibank Private Limited is an integrated healthcare and health insurance company. It provides private health insurance products such as hospital, dental, optical, and physiotherapy coverage, as well as coverage for international visitors and students. It also offers health management and telemedicine services to government and corporate clients, and travel, life, and pet insurance.
Top Competitors by Market Capitalization
Industry: Insurance—Diversified
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Sector:
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Detailed Description
Medibank Private Limited, an integrated healthcare company, provides private health insurance and health solutions in Australia. The company operates through two segments, Health Insurance and Medibank Health. The Health Insurance segment provides private health insurance products, including hospital cover that offers members with health cover for hospital treatments; and ancillary cover, which provides members with health cover for healthcare services, such as dental, optical, and physiotherapy. This segment also offers health insurance products to overseas visitors and overseas students. The Medibank Health segment provides health management and in-home care services, as well as a range of telehealth services to government and corporate customers; and distributes travel, life, and pet insurance products. Medibank Private Limited underwrites its health insurance products under the Medibank and ahm brands. The company was founded in 1976 and is based in Docklands, Australia.
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Stocks & Indices
Medibank Private Limited has the following listings and related stock indices.
Stock: ASX: MPL wb_incandescent
Product & Services
private health insurance, travel insurance, life insurance, pet insurance, workplace health promotion, workplace health management, Health call centres
Key People
David Koczkar (CEO)
Financials
Revenue: A$6.37 billion (2014)
Operating income: A$197.4 million (2012)
Net income: A$126.6 million (2012)