Australia's largest health insurer and leading health solutions provider, Medibank, today welcomed the Australian Government's announcement that it will commission a scoping study into the sale of Medibank.
The Chair of Medibank, Ms Elizabeth Alexander AM said, "Medibank welcomes this announcement and we look forward to working with the Government on the future of the company."
"Medibank has been operating as a for-profit government business enterprise for three years and our recent 2012/13 financial results announcement, is a demonstration of our focus on delivering sustainable profitable growth for the long term.
"Medibank's business has transformed considerably over recent years as we have lifted our capacity to deliver unique, intelligent health solutions and develop new models of care to the expanding health market.
"Medibank continues to be one of the best recognised brands in Australia and we remain committed to delivering our members and customers the benefits we can provide through our integrated operating structure and differentiated services - offering both health insurance and health solutions," Ms Alexander said.