17 June 2026
Data for the organisations below is sourced from the National Mutual Economy Report 2026, BCCM’s annual report on the size and contribution of Australia’s co‑operative and mutual sector, including the Top 100 list for the year to 30 June 2025.
Health Insurance co-operatives and mutuals in the Top 100
17 Health Insurance mutuals rank among the Top 100. These mutuals have a combined revenue of $12.67 billion and hold $10.89 billion in assets under management.
Top 10 Health Insurance co-operative and mutual enterprises by turnover
- HCF – NSW, $4.43 billion
- HBF Health – WA, $2.42 billion
- Teachers Health – NSW, $1.08 billion
- Defence Health – VIC, $757.8 million
- GMHBA – VIC, $703.7 million
- CBHS Health Fund – NSW, $648.3 million
- Peoplecare Health Insurance – NSW, $508.9 million
- Westfund Health – NSW, $330.1 million
- Police Health – SA, $284.9 million
- Latrobe Health Services – VIC, $277.0 million
Download the full Health Insurance co-operative and mutual sector snapshot FY2024–25.
Read our other Sector and State Snapshots, watch the NME 2026 video and see past reports.
Read the full 2026 National Mutual Economy (NME) report.
Latest news
17 June 2026
Co-operatives and mutuals demonstrate resilience with another year of strong revenue and earnings growth
Australia’s co-operative and mutual sector has again proved its resilience, recording an 8.4 per cent increase in annual revenue.
17 June 2026
Sector snapshot – Retail and Rural Supply co-operative and mutual sector
4 Retail and Rural Supply co-ops and mutuals rank among the Top 100. These co-ops and mutuals have a combined revenue of $468.7 million and hold $385.1 million in assets...
17 June 2026
Sector snapshot – Wholesale and Purchasing co-operative and mutual sector
9 Wholesaling and Purchasing Services co-ops and mutuals rank among the Top 100. These co-ops and mutuals have a combined revenue of $6.11 billion and hold $1.36 billion...