Private Health Insurers operating Health Benefits Funds need to apply to convert to for profit status.
Applicants should read the following application and guidance material, before applying to convert to for profit status with APRA. Private Health Insurers are encouraged to discuss any proposed application with their responsible supervisor before lodging the application.
Instruction Guide - Conversion to for profit status
Application Form - Conversion to for profit status
Please note that no fees currently apply for applications by Private Health Insurers wishing to convert to for profit status.
For further information on PHI licensing please contact APRA on 1300 55 88 49 or by email using our online form.