Health.com.au eyes ASX float

Online health insurance company looks to cement itself as modern alternative.

Online health insurance company health.com.au is eyeing a float on the Australian Stock Exchange in fiscal 2015, as the group looks to cement itself as a modern alternative in the $16 billion private health insurance market, The Australian Financial Review reports.

According to the newspaper, the start-up, launched by former REA Group executive Andy Sheats in 2012, already boasts 40,000 members and sales of $45 million.

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