Medibank Private and members' equity.
October 12, 2014
In the New Daily on 6 October, George Lekakis drew attention to a letter sent to a policy-holder in 1994 by Mary-Jo Henrisson, a customer services manager in Medibank’s NSW head office. Mary-Jo Henrisson said “We would be sorry to see you lose the equity you have built up in the fund.”
For the full story in the New Daily see link below.
http://thenewdaily.com.au/news/2014/10/06/exclusive-medibank-letter-government-doesnt-want-read/

John Menadue
John Menadue is the Founder and Editor in Chief of Pearls and Irritations. He was formerly Secretary of the Department of Prime Minister and Cabinet under Gough Whitlam and Malcolm Fraser, Ambassador to Japan, Secretary of the Department of Immigration and CEO of Qantas.