Australia · Oceania · class H

Health / Medical insurance companies in Australia

28 licensed health / medical insurers, 19% of the 145 insurance entities supervised by the Australian Prudential Regulation Authority / ASIC. Medical, health and hospital cash insurers licensed separately from life.

CompanyClassParent / groupOwnershipRegulatorVerification
ACA Health Benefits Fund
Restricted
HHealth / MedicalSeventh-day Adventist ChurchMutual / cooperativeAPRA / ASICVerified
AIA Health Insurance
Open
HHealth / MedicalAIA GroupIAIGForeign multinationalAPRA / ASICVerified
Australian Unity Health
Open
HHealth / MedicalAustralian UnityMutual / cooperativeAPRA / ASICVerified
Bupa HI
Open
HHealth / MedicalBupaIAIGForeign multinationalAPRA / ASICVerified
CBHS Corporate Health
Open; merging into CBHS Health Fund from 1 Jun 2026
HHealth / MedicalCBHSMutual / cooperativeAPRA / ASICVerified
CBHS Health Fund
Restricted (Commonwealth Bank group)
HHealth / MedicalCBHSMutual / cooperativeAPRA / ASICVerified
Cessnock District Health Benefits Fund (Hunter Health Insurance)
Open
HHealth / MedicalMutualMutual / cooperativeAPRA / ASICVerified
Defence Health
Restricted
HHealth / MedicalDefence HealthMutual / cooperativeAPRA / ASICVerified
Doctors' Health Fund
Restricted
HHealth / MedicalAvant MutualMutual / cooperativeAPRA / ASICVerified
GMHBA
Open; Frank brand
HHealth / MedicalGMHBAMutual / cooperativeAPRA / ASICVerified
HBF Health
Open
HHealth / MedicalHBFMutual / cooperativeAPRA / ASICVerified
Health Care Insurance (HCI)
Open
HHealth / MedicalHCIMutual / cooperativeAPRA / ASICVerified
Health Insurance Fund of Australia (HIF)
Open
HHealth / MedicalHIFMutual / cooperativeAPRA / ASICVerified
Health Partners
Open
HHealth / MedicalHealth PartnersMutual / cooperativeAPRA / ASICVerified
Hospitals Contribution Fund of Australia (HCF)
Open
HHealth / MedicalHCFMutual / cooperativeAPRA / ASICVerified
Latrobe Health Services
Open
HHealth / MedicalLatrobeMutual / cooperativeAPRA / ASICVerified
Medibank Private
Open; ASX-listed; ahm brand
HHealth / MedicalMedibankDomestic privateAPRA / ASICVerified
Mildura District Hospital Fund
Open
HHealth / MedicalMilduraMutual / cooperativeAPRA / ASICVerified
National Health Benefits Australia (onemedifund)
Open
HHealth / MedicalNHBAMutual / cooperativeAPRA / ASICVerified
Navy Health
Restricted
HHealth / MedicalNavy HealthMutual / cooperativeAPRA / ASICVerified
NIB Health Funds
Open; ASX-listed
HHealth / MedicalnibDomestic privateAPRA / ASICVerified
Peoplecare Health
Open
HHealth / MedicalPeoplecareMutual / cooperativeAPRA / ASICVerified
Phoenix Health Fund
Open
HHealth / MedicalPhoenixMutual / cooperativeAPRA / ASICVerified
Police Health
Restricted; absorbed Emergency Services Health 1 Apr 2026
HHealth / MedicalPolice HealthMutual / cooperativeAPRA / ASICVerified
Reserve Bank Health Society
Restricted
HHealth / MedicalRBHSMutual / cooperativeAPRA / ASICVerified
St Luke's Medical and Hospital Benefits Association
Open
HHealth / MedicalSt LukesMutual / cooperativeAPRA / ASICVerified
Teachers Federation Health
Restricted; absorbed Queensland Teachers' Union Health 1 Jul 2025 and Nurses & Midwives Health
HHealth / MedicalTeachers HealthMutual / cooperativeAPRA / ASICVerified
Westfund
Open
HHealth / MedicalWestfundMutual / cooperativeAPRA / ASICVerified

About health / medical insurers in Australia

How many health / medical insurers are licensed in Australia?

28 of the 145 licensed insurance entities in Australia are classified as health / medical (19%), according to the APRA / ASIC register as reflected in this directory (verified - full registers).

Who regulates health / medical insurers in Australia?

Australian Prudential Regulation Authority / ASIC (APRA / ASIC), under Insurance Act 1973; Life Insurance Act 1995; PHI Act 2015. Official website: https://apra.gov.au.

Are the health / medical insurers in Australia locally or foreign owned?

2 of 28 belong to regional or foreign multinational groups (including AIA Group, Bupa, nib), 0 are state-owned, and the rest are domestic private companies.

Data: /api/v1/countries/australia.json (filter by class = "health-medical"). Licence CC BY 4.0, attribute KAFS North America.