Medibank Private Limited - Company Profile
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Business Description
Medibank Private Limited (Medibank) is a private health insurer. The company provides private health insurance and travel insurance in Australia. It also offers hospital insurance, ancillary or extras cover, pet insurance, and life insurance to customers through Medibank, Amplar Health and ahm brands. It provides health insurance to about four million people in Australia. As of June 30, 2023, it had a market share of 27.08%.
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Business Segments
Overview
Provides a range of health coverage options such as hospital coverage, extras coverage, hospital and extras packaged coverage and ambulance coverage. It offers health cover for overseas students in all four education sectors, i.e. higher education, vocational education and training, English language courses and schools. It also offers face-to-face injury management, rehabilitation, allied health and specialist clinical services including travel health and dental and eye-care products and services, occupational rehabilitation, telephone triage, chronic disease management, web-based health and wellness advice and provides clinical decision support software to companies, government and consumers. The segment also provides insurance services including life insurance, travel insurance, pet insurance, and complementary services such as health services for the Department of Defence, telehealth services and corporate health services.
Performance
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Overview
Provides health management and telehealth services to government and corporate customers, preventative health and wellbeing programs, and diversified insurance products. It also sells travel, life and pet insurance products.
Performance
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