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APRA releases private health insurance statistics for June 2017

Tuesday 15 August 2017

 

The Australian Prudential Regulation Authority (APRA) today released its quarterly private health insurance publications for the June 2017 quarter.

The publications provide industry aggregate summaries of key financial and membership statistics of the private health insurance industry.

Key performance statistics for the private health insurance industry in the year ended 30 June 2017:

  June 2016 June 2017 Change
Premium revenue $22.1 billion $23.1 billion +4.6%
Total fund benefits $19.0 billion $19.8 billion +4.3%
Net profit after tax $1.2 billion $1.4 billion +15.5%
Total assets $12.8 billion $13.8 billion +7.6%

Key ratios for the private health insurance industry in the year ended 30 June 2017:

  June 2016 June 2017 Change
Gross margin 13.8% 14.0% +0.2 pp
Net margin 5.2% 5.1% -0.1pp

Copies of the June 2017 quarterly publications are available on APRA’s website.

Statistics

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Contact Ben McLean, APRA Media Unit, on +61 2 9210 3024

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For more information contact APRA on 1300 558 849.