Aussies to share in $950 million in cashback from major health insurer

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Aussies to share in $950 million in cashback from major health insurer
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Medibank is giving back a further $207 million in health insurance claims savings to members. 7NEWS

Medibank is giving back a further $207 million in health insurance claims savings to members.

Medibank group executive customer portfolios, Milosh Milisavljevic, said the commitment was to ensure they “would not profit from the pandemic” and would “return any COVID-19 permanent net claims savings to customers”. The cashback amount is based on the type of cover you have held and the period of time you were an active member on that policy.The funds will automatically be deposited into bank accounts, so customers do not need to do anything.

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