HBF Health Fund

HBF is a private health insurance company[1] based in Perth, Western Australia. HBF is Western Australia's largest health insurance provider.[2]

HBF Health Insurance
TypeNot for profit
IndustryPrivate health insurance
Founded1941
HeadquartersPerth, Western Australia
Key people
John Van der Wielen (managing director)
ProductsHealth insurance
Websitehttps://www.hbf.com.au/

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]

HBF has expanded locations to include 2 kiosks in Melbourne Victoria:[6]

References
  1. "Private Health Insurance". HBF Health. Retrieved 26 May 2017.
  2. "Competition in the Australian Private Health Insurance Market" (PDF). Australian Prudential Regulation Authority. Australian Prudential Regulation Authority. Retrieved 26 February 2016.
  3. "Phio.org.au Publication" (PDF). www.phio.org.au. Retrieved 2 April 2021.{{cite web}}: CS1 maint: url-status (link)
  4. "HBF Appoints New Managing Director/CEO". HBF Health. Retrieved 26 May 2017.
  5. "HBF completes acquisition of CUA Health". HBF Health. Retrieved 4 January 2022.
  6. "Find A Branch". HBF Health. Retrieved 2 April 2021.
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