MBF Joins Moneytime’s Private Health Insurance Comparison Platform

Australia's largest privately owned private health insurance company MBF has joined forces with moneytime, the internet-based comparison engine that allows people to compare and buy health insurance online. End Quote

(1888PressRelease) March 05, 2009 - MBF was established 60 years ago and currently provides health insurance coverage to almost two million members, about 20% of the total number of Australians who have private health insurance.

The company is the latest leading health insurance brand to be offered by moneytime. MBF joins other leading private health insurance brands such as HCF, GMHBA, AHM, Australian Unity, HBA, Manchester Unity and Mutual Community who also offer consumers the opportunity to compare health funds and decide on the right cover for their private and family health needs.

“A key consideration in MBF's overall business strategy is to ensure that private health insurance continues to be sustainable for the long term and affordable for our customers,” said BUPA's Martin Weller. “Joining moneytime provides us with greater reach to Australians who are considering their health care options and making informed decisions about the best health insurance policies for themselves and their families.”

David Miller at moneytime said MBF’s decision to join moneytime significantly increased moneytime’s abilities to provide people with the best choices in choosing the right personal and family healthcare policies. “People increasingly want to compare health insurance and make informed decisions to buy the right products at the right price,” said Miller. “Moneytime is rapidly expanding its reach among Australian health insurance funds and is an ideal platform for people to compare and buy health insurance online.”

About BUPA
Bupa Australia is one of Australia's leading health and care organisations, supporting around three million Australians through trusted health insurance brands HBA, MBF and Mutual Community. We are part of the Bupa Group, one of the largest private providers of health care services in the world, with over 10 million customers in almost 200 countries. The Bupa Group has no shareholders so all profits are reinvested to improve services and facilities for customers.

About moneytime
Moneytime offers Australia’s largest selection of health insurance funds where people can compare, buy and save online. http://www.moneytime.com.au/

Contact: David Miller, moneytime, 1300 85 12 12

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