A timeline
1976
- The Australian Government establishes Medibank Private as a not-for-profit private health insurer, operated by statutory authority the Health Insurance Commission.
1997
- Medibank incorporation legislation passed by the Commonwealth.
1998
- Medibank transferred from the Health Insurance Commission to the newly established Medibank Private Limited, with the Commonwealth the sole shareholder.
2006
- Medibank starts offering travel insurance.
2007
- Medibank starts offering life insurance, and pet insurance soon after.
2009
- Medibank acquires ahm, a Wollongong-based health insurer.
- The Australian Government transfers Health Services Australia to Medibank, extending Medibank’s development of preventative and health management programs.
- Medibank converts to a for-profit entity.
2010
- Medibank acquires McKesson Asia Pacific, extending Medibank’s expertise in telehealth and healthcare services.
- Medibank commences delivery of 1800RESPECT, the national sexual assault, domestic and family violence counselling service, on behalf of the Australian Government Department of Social Services.
2013
- ahm relaunches as a brand focused on simplicity.
2014
- The Australian Government announces its intention to sell Medibank via IPO.
- Medibank lists on the Australian Securities Exchange (ASX).
2015
- Medibank launches CareComplete to support people living with chronic conditions. It remains one of the largest chronic disease programs in Australia.
2016
- Medibank’s entire investment portfolio becomes tobacco-free upon moving our international equities to a new tobacco-free investment fund.
2017
- Medibank acquires HealthStrong, which delivers healthcare services within retirement and aged care homes.
- Medibank launches Live Better*, with a goal to help 1.5 million Aussies get active in mind, body and community by 2022.
*previously named Free + Active
2018
- Medibank acquires Home Support Services (HSS), which provides in-home healthcare services.
- Medibank’s operations certified as carbon neutral.
2019
- Medibank adopts all private health insurance reforms – including all optional measures – introduced by the Australian Government to provide better affordability, value and transparency.