July 16 (Reuters) - Australian Competition and Consumer Commission:
- MEDIBANK TO PAY $5 MILLION IN PENALTIES FOR MISREPRESENTATIONS TO MEMBERS ABOUT BENEFITS
- MEDIBANK WILL CONTACT ABOUT 670 POLICY HOLDERS WHO HAVE NOT ALREADY TAKEN UP CO'S OFFER FOR COMPENSATION TO GIVE FURTHER CHANCE TO CLAIM
- MEDIBANK WILL PAY SOME OF THE 670 POLICY HOLDERS AN ADDITIONAL $400 AS ONE-OFF PAYMENT
- MEDIBANK TO PAY PENALTIES FOR MAKING "FALSE REPRESENTATIONS" ABOUT BENEFITS OFFERED BY AHM HEALTH INSURANCE POLICIES
Source text - (https://bit.ly/32oA2ya)
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News: MPL ACCC Says Medibank Fined $5 Mln For Misrepresenting Benefits Of ahm Insurance Policies
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