Nurses and Midwives Health

What Nurses and Midwives Health does

Nurses and Midwives Health is an Australian not-for-profit private health insurer operating as a trading brand of Teachers Federation Health Ltd, itself part of the Teachers Health Group. It underwrites Hospital, Extras, and Combined (StarterPak) cover for registered nurses, midwives, care workers, and their dependants, with tiered Hospital products (Top Hospital Gold down to Basic Hospital Basic Plus) and three Extras tiers (Basic, Mid, Top) priced weekly. Its eligibility and acquisition model is built around five Australian nursing and midwifery unions (ANMF, NSWNMA, QNMU, ANMF-SA, ANMF-Tasmania), making union membership both a distribution channel and a structural retention mechanism.

The operating stack combines a DTC layer (nmhealth.com.au live quote tool, 1300 344 000 contact centre, OMS portal and iOS/Android mobile app), a tap-to-claim digital membership card in Apple Wallet and Android NFC integrated with HICAPS at provider point-of-sale, a six-location Health Centre network delivering no-gap dental and eyecare to members, and ancillary insurance distribution (Allianz travel, home/car/landlord, overseas visitor cover). Product surface expanded in 2026 with natural therapies, pelvic floor and erectile dysfunction inclusions, and an Australian-first menopause support partnership with UnPause.

Revenue is generated primarily through recurring weekly/direct-debit health insurance premiums, supplemented by commission from partner-led ancillary insurance and Member Rewards cashback economics. Following the 1 July 2025 merger of TUH into Teachers Health Group, the combined fund covers nearly 500,000 lives and ranks as Australia's sixth-largest health fund and largest not-for-profit industry-based fund. Premium pricing incorporates the Private Health Insurance Rebate, Lifetime Health Cover loadings, and below-industry annual increases, with the not-for-profit mandate positioning surplus as member givebacks (including a $55M COVID-era claims-return distribution).

Name

Nurses and Midwives Health

Legal name

Teachers Federation Health Ltd ABN 86 097 030 414

Website

https://nmhealth.com.au

Company type

Private

Founded year

1950

Operating status

Operating

Headcount range

101–250 employees

Short description

Nurses & Midwives Health is an Australian not-for-profit private health insurer that underwrites Hospital, Extras and Combined cover for nurses, midwives, care workers and their families, distributed through union partnerships, its Teachers Health Group parent, and a mobile app and Health Centre network.

Ownership category

akta.pro rank

Product category

Private Health Insurance

NAICS

Health and Welfare Funds (52512), Finance and Insurance (52)

SIC

Hospital & Medical Service Plans (6324)

akta.pro primary industry

Hospitals, Clinics & Charitable Healthcare Providers (BPAGACAB)

Keywords

• Private health insurance
• Hospital and extras cover
• Not-for-profit health fund
• Union member insurance
• Travel and general insurance

Headquarters

HQ city

Sydney

HQ country

Australia

HQ region

Oceania

Offices7 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Others

Revenue model

1. Health Insurance Premiums: Recurring premium revenue from Hospital cover, Extras cover, and combined policies. Premiums collected via direct debit, BPAY, phone payments, or credit card. Not-for-profit structure means premiums kept as low as possible with excess returned to members as benefits.
2. Other Insurance Products: Travel insurance, car insurance, home insurance, landlord insurance, and overseas visitor health cover offered as ancillary products through partnerships. Commission revenue received from Allianz Global Assistance for travel insurance.

Pricing tiers

Go-to-market motion2 records

Distribution channels7 records

Marketing channels10 records

Core offering

Nurses & Midwives Health is a not-for-profit private health fund trading under Teachers Federation Health Ltd, providing health insurance cover (Hospital, Extras, Combined) and ancillary insurance products to nurses, midwives, care workers, and their families across Australia. The fund operates under the Teachers Health Group, Australia's largest industry-based health fund, distributing through union partnerships, direct-to-consumer channels, mobile app, and seven Health Centre locations offering dental and eyecare services.

Product overview

Nurses and Midwives Health is a not-for-profit health insurance fund offering a comprehensive portfolio of health insurance products and related services for nurses, midwives, care workers, and their families. The core offering consists of Hospital Cover (available in Top Hospital Gold, Mid Classic Silver Plus, Mid Hospital Basic Plus, and Basic Hospital Basic Plus tiers), Extras Cover (available in Top Extras, Mid Extras, and Basic Extras tiers), and Combined Cover (StarterPak). The fund also provides Emergency Ambulance coverage, travel insurance via Allianz, and other insurance products (home, car, landlord, overseas visitor). Supporting services include Healthcare Services programs (mental health support, chronic disease management, weight management), Health Centres (seven dental and eyecare facilities), Member Rewards loyalty program, Healthy Lifestyle programs, and digital tools including a mobile app with digital membership cards. Strategic partnerships include UnPause for menopause support, Specsavers Audiology, and travel insurance through Allianz Global Assistance.

Differentiator

Problem solved

Functional benefit

Products and services

• Hospital Cover

Quantifiable outcome

• Nearly 500,000 lives covered following TUH merger
• +4 more outcomes

Named customers3 records

Segments6 records

Ideal customer profiles2 records

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature3 records

Partnerships

Seven partnerships are on record, tiered minor and core.

• UnPauseminorStrategic or Co-development Partner · 29 June 2026Australian-first partnership with digital health platform UnPause for menopause support. Eligible Teachers Health Group members can access UnPause's personalized, evidence-based digital platform and claim a benefit back from the fund. Addresses perimenopause and menopause support needs, particularly relevant given 88% of nursing & midwifery workforce is female.
• TUH (Teachers Union Health)coreStrategic or Co-development Partner · 1 July 2025Merger partner - TUH officially joined Teachers Health Group from 1 July 2025. TUH is a not-for-profit, union-based health fund established over 50 years ago for education workers. Their 2018 establishment of Union Health for union members (including nurses and midwives) aligns with Nurses & Midwives Health's mission. The merger strengthens Teachers Health Group's position as Australia's sixth-largest health fund covering nearly 500,000 lives.
• Australian Health Services Alliance (AHSA)coreStrategic or Co-development Partner · 4 March 2025AHSA negotiated on behalf of Nurses & Midwives Health (and 22 other not-for-profit health funds) to secure terms with Healthscope hospital group. The in-principle agreement was reached after Healthscope moved to terminate contracts, ensuring continued coverage for members at Healthscope hospitals.
• Allianz Global AssistanceminorGTM or Marketing PartnerTravel insurance partnership where Nurses & Midwives Health arranges insurance as authorized representative for AWP Australia Pty Ltd. Allianz Global Assistance provides emergency medical assistance and issues/manages travel insurance as agent for Allianz Australia Insurance Limited. Teachers Federation Health Ltd (trading as Nurses & Midwives Health) ABN 86 097 030 414 AR no. 270604 arranges this insurance.
• Members Health Fund AllianceminorOthersIndustry alliance of not-for-profit health funds. Nurses & Midwives Health is part of this collective working towards better outcomes for members of not-for-profit health funds.
• HealthscopecoreStrategic or Co-development PartnerHospital group partnership with agreements covering 38 Healthscope hospitals across Australia. Nurses & Midwives Health reached an in-principle agreement with Healthscope after the hospital group initially moved to terminate their contract. Members continue to be covered for treatment at all Healthscope hospitals as agreement hospitals.
• Specsavers AudiologyminorStrategic or Co-development PartnerExclusive partnership with Specsavers for audiology services. Members can hear better and pay less through this exclusive partnership. No-gap or discounted hearing services available for eligible members.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• HBF Health: Western Australia-based not-for-profit health fund offering hospital and extras cover. Comparable not-for-profit structure and product mix, primarily competing in WA with growing national presence.
• GMHBA: Geelong-based not-for-profit health fund with hospital, extras and combined cover offerings. Similar member-owned structure and regional Australian positioning, with overlapping target demographics.
• HCF (Hospitals Contribution Fund): Australia's largest not-for-profit health fund. Operates a similar member-owned, restricted-access model with comparable hospital and extras cover products, competing directly with NMH in the same regulatory and competitive landscape.
• Police Health: Restricted-membership health fund for police and emergency services personnel. Closely analogous model to NMH: profession-based eligibility, not-for-profit structure, hospital and extras cover, and community-led acquisition.
• Australian Unity: Australian mutual organization providing private health insurance alongside broader wellbeing services. Comparable diversified mutual structure with hospital and extras products targeting similar community segments.
• CBHS Health: Restricted-membership health fund originally for Commonwealth Bank employees and families. Operates a comparable eligibility-restricted, not-for-profit model with similar hospital and extras products targeting a specific employee community.

Broad incumbents

• Bupa Australia: Major for-profit private health insurer operating globally with a significant Australian presence. Competes with NMH across hospital, extras and combined cover segments, with materially greater scale and marketing reach.
• Medibank Private: Australia's largest private health insurer with ~28% market share. Sets the competitive benchmark on premium pricing, product breadth, and brand scale that NMH must compete against despite its smaller not-for-profit positioning.
• NIB Holdings: ASX-listed Australian private health insurer with growing market share. Competes in the open-membership health insurance segment that NMH also targets among nurses, midwives and care workers who may not be union-affiliated.
• Teachers Health: Parent organization of Nurses & Midwives Health within the Teachers Health Group conglomerate. Operates as the sister restricted-membership brand for education workers, sharing back-office, hospital network and corporate functions with NMH.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/policies_center
• YouTubeyoutube.com/t/terms
• LinkedInlinkedin.com/legal/user-agreement
• TikToktiktok.com/legal/page/row/terms-of-service/en

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Nurses and Midwives Health