1976 |
- On 1 October Medibank Private commences operations, bringing increased competition to the private health insurance industry.
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1977 |
- Medibank Private proves a success, becoming the second largest fund in the country within the year.
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1978 |
- The Australian Government abolishes Medibank (Standard) leaving only Medibank Private.
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1979 |
- We link our entire retail centre network with computers, becoming the world's largest 'online' health insurance computer system at that time. This allowed for immediate payment of claims and retrieval of customer information at any retail centre across Australia.
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1981 |
- On our 5th birthday in October, we claim the top spot as the largest health insurance provider in Australia.
- Free public hospital treatments ends creating more demand for private health insurance.
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1982 |
- We cover 2.24 million Australians.
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1984 |
- The Australian Government introduces Medicare on 1 February.
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1985 |
- Gap insurance for medical services introduced.
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1986 |
- Our 10th birthday saw us continue as market leader.
- This was the year we started our ongoing effort to encourage Australians to follow healthier lives. We were a major sponsor of the Life Be in It campaign.
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1990 |
- We merge with Health Australia and acquire an additional 45,000 members.
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1996 |
- We pay out $936 million in claims on behalf of our members.
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1997 |
- The Australian Government announces Medibank will become a company separate from the Health Insurance Commission.
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1998 |
- Medibank becomes a Government Business Enterprise with the Australian Government as sole shareholder.
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1999 |
- The 30% Private Health Insurance Rebate established, improving affordability of private health insurance for all Australians.
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2000 |
- Lifetime Health Cover comes into effect.
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2005 |
- Medibank launches two new products and pays a total of $2.3 billion in claims on behalf of our members.
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2006 |
- Medibank Travel Insurance goes on sale, the first non-private health insurance product offered by the fund.
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2007 |
- Medibank Life Insurance goes on sale.
- Our premium contribution income passes $3 billion for the first time.
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2008 |
- Medibank passes the 3 million resident members mark.
- Medibank Pet Insurance launches, providing health cover for much loved family pets.
- In December, members of Wollongong-based private health insurer, ahm, approve its sale to Medibank. The acquisition is the first such transaction in Medibank's history.
- The Australian Government announces its intention to merge Medibank Private with Health Services Australia, a complementary Government Business Enterprise.
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2009 |
- Acquisition of ahm completed. Under the two brands the group covers 3.4 million people, representing 33 per cent of the private health insurance market.
- Merger with Health Services Australia completed. Medibank becomes Australia's largest integrated private health insurance and health services group.
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2010 |
- Medibank acquires McKesson Asia-Pacific, becoming Australia's leading telehealth company in the process. The acquisition means we now deliver innovative health management programs including 'healthdirect Australia', 'NURSE-ON-CALL' and 'Healthline'.
- West Australian-based industrial health services provider Carepoint is acquired.
- Medibank Health Solutions is launched, making Medibank Australia's largest provider of quality health insurance and integrated health services.
- Medibank Health Solutions achieves early success, winning a five-year contract to deliver medical personnel and services for the Gorgon Project - Australia's single largest resources operation.
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2011 |
- Online counselling service launched for victims of domestic abuse or sexual assault, www.1800RESPECT.org.au
- On 1 July, Medibank Health Solutions commences as service provider of the after hours GP helpline, Australia’s first national doctor on-call service.
- We announced our sponsorship of the Australian Open tennis tournament.
- Our new Purpose For Better Health is launched, along with our Values – Customer Focus, Accountability, Integrity and Respect.
- Medibank Community Fund launches.
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2012 |
- Our Mi Health initiative completes its national roll out, bringing together a 24/7 nurse helpline, hospital support, online health hub and mobile health apps for our members.
- Medibank launches Healthbook, a patient centric Personally Controlled Electronic Health Record, helping users keep track of individual and family health information.
- Our Indigenous Reconciliation Action Plan launches.
- Medibank announced as the provider of all on- and off-base healthcare services for the Australian Defence Force, managing and coordinating healthcare services for all ADF personnel nationally, from point of injury or illness through to recovery.
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