Medibank Private Limited provides private health insurance and integrated health services to more than 4 million customers throughout Australia. The company operates through two primary segments: Health Insurance, which offers hospital cover for treatments, ancillary cover for services including dental, optical and physiotherapy, as well as products for overseas visitors, overseas students and corporate health cover under the Medibank and ahm brands; and Medibank Health, which delivers health management, in-home care, telehealth services, virtual health, preventative health programs and primary care through Amplar Health, including Myhealth medical clinics. Additional offerings encompass travel insurance, pet insurance, life insurance, funeral insurance, car insurance, home insurance and the Live Better wellbeing platform to support healthier lifestyles. Medibank Private Limited maintains nationwide operations across Australia, with headquarters in Docklands, Victoria, and traces its origins to 1976 as a government-established not-for-profit insurer. In recent developments, the company increased its stake in Myhealth Medical Group from 49% to 90% in January 2024 for approximately A$50.8 million to enhance primary care investment; announced in November 2025 an agreement to acquire Better Medical, a network of 61 GP and allied health clinics in Victoria, Queensland, South Australia and Tasmania, for around A$159-160 million subject to approvals and expected completion by Q3 FY26; and appointed new non-executive directors in November 2025 to strengthen governance while outlining ambitions for accelerated growth as a comprehensive health company.