HBF Health Fund
This article may rely excessively on sources too closely associated with the subject, potentially preventing the article from being verifiable and neutral. (October 2020) |
Type | Not for profit |
---|---|
Industry | Private health insurance |
Founded | 1941 |
Headquarters | Perth, Western Australia |
Key people | John Van der Wielen (managing director) |
Products | Health insurance |
Website | https://www.hbf.com.au/ |
HBF is a private health insurance company[1] based in Perth, Western Australia. HBF is Western Australia's largest health insurance provider.[2]
History[]
In 1941, HBF was established as the Metropolitan Hospitals Benefit Fund of Western Australia, with the core purpose of providing affordable health services to Western Australians. HBF's purpose can be directly traced back to its origins as a key provider of social services prior to the introduction of universal government health cover in Medicare. It was established to provide a pool of funds to ensure the ongoing provision of affordable health services for members. Since its inception, HBF has grown to become the leading provider of health insurance in Western Australia.
In 2009, HBF had 7.7% of the national market share for private health insurance.[3]
On 8 May 2017 senior international executive, Mr John Van der Wielen took up his appointment as Managing Director and Chief Executive Officer of HBF Health.[4]
HBF offers health insurance for hospital, ancillary, urgent ambulance and cover for complementary therapies.
In 2021, HBF completed the acquisition of Brisbane-based CUA Health Pty Ltd. As of 2021, this increased the company's market share to approximately 8%, with 17% of members living outside of Western Australia.[5]
Locations[]
HBF has 18 branches located throughout Western Australia:[6]
- Albany
- Belmont
- Booragoon
- Bunbury
- Cannington
- Clarkson
- Geraldton
- Innaloo
- Joondalup
- Kalgoorlie
- Karrinyup
- Mandurah
- Midland
- Morley
- Perth
- Rockingham
- Subiaco
- Success
HBF has expanded locations to include 3 kiosks in Melbourne Victoria:[6]
References[]
- ^ "Private Health Insurance". HBF Health. Retrieved 26 May 2017.
- ^ "Competition in the Australian Private Health Insurance Market" (PDF). Australian Prudential Regulation Authority. Australian Prudential Regulation Authority. Retrieved 26 February 2016.
- ^ "Phio.org.au Publication" (PDF). www.phio.org.au. Retrieved 2 April 2021.
{{cite web}}
: CS1 maint: url-status (link) - ^ "HBF Appoints New Managing Director/CEO". HBF Health. Retrieved 26 May 2017.
- ^ "HBF completes acquisition of CUA Health". HBF Health (in Australian English). Retrieved 4 January 2022.
- ^ a b "Find A Branch". HBF Health (in Australian English). Retrieved 2 April 2021.
External links[]
- Insurance companies of Australia
- Companies based in Perth, Western Australia
- Financial services companies established in 1941
- Health insurance in Australia
- 1941 establishments in Australia