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Medibank Private Limited, better known as simply Medibank, is an Australian private health insurance provider headquartered in Melbourne, Victoria, Australia. It is Australia's largest private health insurance provider, covering around 4.2 million customers in 2024. [ 2 ]
The largest private health fund by premium is Bupa, which is owned by Bupa UK, a not for profit entity. The next largest private health provider is Medibank Private , which was owned by the Government of Australia , but was privatised in 2014–15.
In 1992, Savvides was CEO at Smith & Nephew (a UK-based global healthcare company), and BOC. [5] [7] In 1996, he led Sigma Pharmaceuticals, then a private cooperative supplying pharmacists, through six major acquisitions [8] and then in late 1999 into public ownership and listing on the Australian Securities Exchange. [7]
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In 2010, nib set about expanding globally, purchasing IMAN International Pty Ltd, a specialist provider of health cover for temporary migrant workers in Australia for approximately $25 million. [6] In 2012, they acquired the New Zealand health insurer, TOWER Medical Insurance, from Tower Insurance , for approximately NZ$102 million (A$80 ...
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Fisher Island, a private island off the coast of Miami, applied for and got approval for a $2 million loan to help struggling small businesses during the pandemic, The Miami Herald reported.
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