Private health insurance premiums are scheduled for October, Medibank boss says

Daily Telegraph

7 May 2020 - Private health insurance members could endure two premium rises within a six-month time frame despite having restricted access to services.

Medibank chief executive officer Craig Drummond today confirmed there had been no cuts to staff salaries during the pandemic, unlike many other industries that had seen temporary wage cuts.

“There’s hasn’t been any cuts in salaries although what we did say with our half-year results is that any bonuses will be noticeably lower this year,” he told News Corporation.

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Michael Wonder

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Michael Wonder