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Medibank fined $5 million for misrepresenting benefit claims – Sydney Morning Herald
Insurance giant Medibank will pay $5 million in penalties for violating Australian Consumer Law after nearly 1400 claims from its ahm customers were incorrectly rejected.
Insurance giant Medibank will pay $5 million in penalties for violating Australian Consumer Law after nearly 1400 claims from its ahm customers were incorrectly rejected.
Medibank falsely advised 849 members with its budget subsidiary ahms lite or boost policies who had lodged claims or enquired about their coverage, that they were not covered for joint investigations or joint reconstruction procedures.
Medibank is one of Australia’s largest health insurers.Credit:Chris Hopkins
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