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.

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CompanyClassParent / groupOwnershipRegulatorVerificationPopularity
ACA Health Benefits Fund
Restricted
HHealth / MedicalSeventh-day Adventist ChurchMutual / cooperativeAPRA / ASICVerified—
AIA Health InsuranceHKEX: 1299
Open
HHealth / MedicalAIA GroupIAIGForeign multinationalAPRA / ASICVerified99 Confidence: Medium
Australian Unity HealthASX: AYU
Open
HHealth / MedicalAustralian UnityMutual / cooperativeAPRA / ASICVerified—
Bupa HI
Open
HHealth / MedicalBupaIAIGForeign multinationalAPRA / ASICVerified74 Confidence: Low
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 / ASICVerified89 Confidence: Low
Defence Health
Restricted
HHealth / MedicalDefence HealthMutual / cooperativeAPRA / ASICVerified95 Confidence: Low
Doctors' Health Fund
Restricted
HHealth / MedicalAvant MutualMutual / cooperativeAPRA / ASICVerified99 Confidence: Medium
GMHBA
Open; Frank brand
HHealth / MedicalGMHBAMutual / cooperativeAPRA / ASICVerified76 Confidence: Low
HBF Health
Open
HHealth / MedicalHBFMutual / cooperativeAPRA / ASICVerified93 Confidence: Low
Health Care Insurance (HCI)
Open
HHealth / MedicalHCIMutual / cooperativeAPRA / ASICVerified98 Confidence: Low
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 / ASICVerified96 Confidence: Low
Latrobe Health Services
Open
HHealth / MedicalLatrobeMutual / cooperativeAPRA / ASICVerified98 Confidence: Low
Medibank PrivateASX: MPL
Open; ASX-listed; ahm brand
HHealth / MedicalMedibankDomestic privateAPRA / ASICVerified96 Confidence: Low
Mildura District Hospital Fund
Open
HHealth / MedicalMilduraMutual / cooperativeAPRA / ASICVerified—
National Health Benefits Australia (onemedifund)
Open
HHealth / MedicalNHBAMutual / cooperativeAPRA / ASICVerified81 Confidence: Low
Navy Health
Restricted
HHealth / MedicalNavy HealthMutual / cooperativeAPRA / ASICVerified—
NIB Health FundsASX: NHF
Open; ASX-listed
HHealth / MedicalnibDomestic privateAPRA / ASICVerified83 Confidence: Low
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 / ASICVerified91 Confidence: Low
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 / ASICVerified94 Confidence: Low

Popularity is an estimate of how often people search Google for each insurer, from 0 to 100; the bars show how confident the estimate is. Not a rating of the insurer. How the index works

About health / medical insurers in Australia

How many health / medical insurers are licensed in Australia?

28 of the 145 licensed insurance entities this directory lists in Australia are classified as health / medical (19%). Verified against the regulator register.

Who regulates health / medical insurers in Australia?

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

Who owns the health / medical insurers in Australia?

Of the 28 licensed health / medical insurers in Australia, 24 are mutual or cooperative insurers, 2 are domestic private companies, and 2 are subsidiaries of foreign multinational groups (AIA Group, Bupa), as recorded in the register.

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