Medibank Private Ltd operates in the Hospital and medical service plans sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Medibank Private Ltd with three other
insurance companies in Australasia:
sales of 2.37 billion Australian Dollars [US$1.64 billion]
of which 55%
Steadfast Group Ltd
(690.57 million Australian Dollars [US$477.57 million]
of which 99%
was Insurance intermediary), and
Nib Holdings Limited
(2.45 billion Australian Dollars [US$1.70 billion]
of which 82%
was Austrlian Residents Health Insurance).
Medibank Private Ltd reported sales of A$6.76 billion (US$4.67 billion)
June of 2019.
decrease of 3.5%
versus 2018, when the company's sales were A$7.00 billion.
The sales level in 2019 was fairly close to the level five years ago: in 2014, Medibank Private Ltd had sales
of A$6.49 billion.
Contributing to the drop in overall sales was the 62.6% decline
in Medibank Health, from A$615.90 million to A$230.30 million.
However, these declines were partially offset by the increase in sales of
Health Insurance (up 2.3% to A$6.46 billion)