Media releases

January 22, 2016

Medibank to resubmit its 2016 premium rate change application

Further to Medibank Private Limited’s (Medibank) (ASX: MPL) announcement today regarding its first half Health Insurance operating profit result and updated financial targets, Medibank advises that it plans to resubmit its 2016 Private Health Insurance Premium Round application to the Federal Government to ensure that Medibank members share in the benefits of its strong performance.

Managing Director George Savvides said: “Medibank has been working hard to address private health insurance affordability issues at their source by working in partnership with hospitals and other providers to reduce waste and inefficiency in the healthcare system. Medibank members will directly benefit from the savings achieved as we invest in delivering more value to our members through more competitive pricing and enhanced product benefits.”

For further information please contact:

For media

Colin Neathercoat
Head of External Affairs
Tel: 03 8622 5553 | Mob: 0412 076 622

For investors/analysts

Chris Richardson
General Manager, Investor Relations
Tel: 03 8622 5834 | Mob: 0410 728 427

About Medibank:

Medibank is Australia’s leading private health insurer, providing private health insurance to approximately 3.9 million people through its Medibank and ahm brands. Customers can access Medibank’s products and services through more than 80 retail stores, as well as digital and telephone platforms. Medibank also provides a range of complementary healthcare services including healthcare management services for government and corporate clients, online and telephone-based health services and the distribution of travel, life and pet insurance. 

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