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Medibank Private and HSA Join to Create Better Health Solutions
Date:2/27/2009

a consumer view point.

"The Government's reorganisation of Medibank Private and HSA creates a national integrated health services and insurance group that will allow an increased offering to our respective customers and more value for both companies," he said.

"HSA offers a professional health and medical workforce that undertakes health assessments and the management and prevention of workplace injury and illness. Medibank has developed a presence in workplace health and has moved to respond to the needs of its customers, and with the HSA capabilities will be able to further develop programs for Medibank Private workplace clients.

"The prospect of being able to offer a broader range of health services as a result of having the expertise and resources of HSA available internally will assist in the objective of improving the health of our three million customers," Mr Savvides said.

HSA Managing Director, Stan Macionis, said that bringing the companies together would enable them to better meet the health needs of their customers into the future.

"This positions both companies to offer a greater array of services to many more Australians," Mr Macionis said.

Beyond the immediate benefits of increased services for the Medibank and HSA customer base, the integration is a significant step in realising the potential of the reforms to private health insurance in Australia that came into effect in April 2007. The reforms have opened the door for private health funds to offer a broader array of services outside the hospital including chronic disease management and preventative health programs to members.

"The linking of Medibank and HSA is in line with industry direction in Australia and overseas, with several
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