tiprankstipranks
Company Announcements

Medibank Boosts Customer Cash Back to $305 Million

Medibank Boosts Customer Cash Back to $305 Million

Medibank Private Ltd. (AU:MPL) has released an update.

Discover the Best Stocks and Maximize Your Portfolio:

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.

For further insights into AU:MPL stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1