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Bupa /buːpə/, legally British United Provident Association Limited, is an international health insurance and healthcare group with over 38 million customers worldwide.
Bupa's origins and global headquarters are in the United Kingdom. Its main countries of operation are: Australia, Spain, the United Kingdom, Chile, Poland, New Zealand, Hong Kong SAR, Turkey, Brazil, Ireland, Mexico and the United States. It also has a presence across Latin America, the Middle East and Asia, including joint ventures in Saudi Arabia and India.[1]
Bupa is a private company limited by guarantee. It has no shareholders and reinvests its profits.[2]
Health insurance represents 71% of Bupa's revenues worldwide and 21.1 million of its customers. Bupa runs various health provision services for a further 16,9 million customers worldwide (21% of its revenue) including hospitals (primarily in Spain, Poland and Chile), outpatient clinics, dental centres and digital services. Bupa also runs aged care facilities in four countries: UK, Australia, Spain and New Zealand, which make up 8% of its revenue.[3]
It was ranked 83rd out of 750 global companies in the 2020 Forbes World's Best Employers List.[4]
Following the Russian invasion of Ukraine and the resulting war, Bupa announce that it would be has reacted firmly to Russian aggression by ending relations with businesses in Russian and Russian-controlled businesses.[5]
Through its business in Poland, Lux/Med, Bupa has been working with the authorities and other institutions[6] to offer urgent free medical assistance to refugees from Ukraine through its 258 medical centres and 13 hospitals.[7] It has set up teams of paramedics, doctors and medical equipment to solve the problems of the refugees and their families, as well as providing employment for Ukrainian medial staff in its facilities.[8]
References
- ^ Full Year Results Presentation 2021
- ^ "Financial results". Bupa. Retrieved 12 September 2020.
- ^ Bupa Annual Report 2020
- ^ "Forbes World's Best Employers List". Forbes. Retrieved 23 October 2020.
- ^ "Bupa ends Russian business deals but still treating policyholders". Health & Protection. 2022-04-14. Retrieved 2022-04-21.
- ^ The Star (2002-03-18) "How Poland's business community is helping Ukrainians"
- ^ Khan, Dr Amir. "Medics bring healthcare and hope to Ukrainians fleeing war". www.aljazeera.com. Retrieved 2022-04-21.
- ^ Kurasinska, Lidia. "Polish Businesses And Ordinary Citizens Scramble To Help Ukrainian Refugees". Forbes. Retrieved 2022-04-21.