Medibank Private Insurance

Medibank Private Insurance is the largest and sole private health insurer in Australia. Medibank Private Insurance protects an estimated 3 million Australians. The firm dominates around 30% of the entire private health insurance business in Australia. Medibank Private Insurance has more than 100 retail centres in the country and is considered as having the widest network in Australia.

Medibank Private Insurance offers protection for private health care such as dental, optical and physiological services. Medibank Private Insurance also covers Australians traveling across the country or overseas.

History of Medibank Private Insurance

The history of Medibank Private Insurance began in 1974 when the Australian federal government drew up a plan to provide universal health insurance for its citizens. The next year, Medibank Private Insurance commenced operations with around 4,000 personnel who were recruited and trained to spearhead the provision of health care services to Australians.

Medibank Private Insurance envisions a future of healthy members, inexpensive access to insurance and a healthy community that gains benefits from a competitive health care system.

Products and services of Medibank Private Insurance

Medibank Private Insurance implements the life health cover program, an initiative of the Australian government, wherein citizens are encouraged to invest for their future hospital expenses early on instead of opting for hospital protection when they are of old age.

Medibank Private Insurance also provides travel insurance for frequent travelers or those who simply want to be protected whenever they are on the road. Medibank Private Insurance has a wide range of plans for travel insurance including budget, Australia-only, comprehensive and frequent traveler options.

Those who are always on the road will not need to worry about any untoward incident with the 24-hour customer support of Medibank Private Insurance. Medical support is available for deployment for policy holders, and they can even be accompanied back to Australia if it is required.

Medibank Private Insurance also provides coverage for visitors as well as life insurance policies.