Medibank Private Ltd. (AU:MPL) has released an update.
Medibank Private Ltd. has amplified its customer give back commitment to $305 million, part of a substantial $1.46 billion COVID-19 support package, marking it the largest by an Australian health insurer. Eligible Medibank and ahm policyholders are set to receive cash backs of at least $100 and up to $360, supplementing Medibank’s pledge not to profit from the pandemic. The payments, aimed at providing cost-of-living relief, will be distributed by the end of September and October 2024, respectively.
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