A timeline
1976
- Established by the Australian Government as a not-for-profit private health insurer, operating under the Health Insurance Commission.
1997
- Medibank incorporation legislation passed by the Commonwealth, establishing Medibank as a standalone Commonwealth-owned enterprise and paving the way for corporatisation.
1998
- Transferred from the Health Insurance Commission to the newly established Medibank Private Limited, with the Commonwealth remaining sole shareholder.
1999
- Introduction of the 30% private health insurance rebate and Lifetime Health Cover helps drive growth in private health insurance participation.
2001
- Celebrates 25 years.
2006
- Travel insurance launched.
2007
- Life insurance launched, followed by pet insurance.
2009
- ahm acquired.
- Health Services Australia transferred from the Australian Government, expanding preventative health and health management services.
- Converted to a for-profit entity.
2010
- McKesson Asia Pacific acquired, strengthening telehealth and healthcare services capabilities.
2013
- ahm relaunched as a brand focused on simplicity.
2014
- Australian Government announces intention to sell Medibank through an initial public offering (IPO).
- Listed on the Australian Securities Exchange (ASX).
2015
- CareComplete launched to support people living with chronic conditions.
2016
- Entire investment portfolio becomes tobacco-free.
2017
- Live Better* launched to help more people improve their health and wellbeing. (*Previously named Free + Active)
2018
- Home Support Services (HSS) acquired, expanding in-home healthcare services.
2019
- Adopts all private health insurance reforms introduced by the Australian Government, including all optional measures.
2020
- COVID financial support package introduced as part of commitment to not profit from the pandemic.
- 10-year commitment to addressing loneliness announced.
2021
- First Net Zero commitment announced.
- Investment in GP and medical clinics begins.
- Health services rebranded as Amplar Health.
- 2030 vision to create the best health and wellbeing for Australia launched.
2022
- Becomes the first Australian presenting partner of parkrun.
- The first Live Better van (VANgo) hits the road, bringing health and wellbeing initiatives to rural and regional communities.
2023
- Four-day work week experiment starts.
2024
- Becomes the official health partner of the AFLW through a three-year partnership.
2025
- Final COVID give back announced, bringing total amount of support since the start of the pandemic to a record $1.71 billion – this was the largest financial give back from any health insurer in Australia.
- Announces a $50 million investment in mental health over five years.
- Becomes one of Australia's largest corporate owners of GP clinic networks.
- Live Better rewards program reaches more than one million participants.
- Family Roast launched to help families have deeper, more meaningful conversations.
2026
- Recognised at the AFR BOSS Best Places to Work Awards.
- Publishes first Sustainability Report aligned to Australian Sustainability Reporting Standards.
- Announces a new Net Zero target and pathway.
- Medibank Group celebrates 50 Years Strong.