This company profile is not publicly available
Founded in 1840.
|Australian Unity Ltd||AUS||website|
|Australian Unity Ltd|
Members Own Health Funds is a group of 16 like-minded not-for-profit and mutual health funds, including this one. Unlike for-profit health funds, Members Own funds put their members first: instead of operating their business around how they can profit from you, they are thinking about how they can help you, now and for generations to come.
[Source 2018][More on Governance]
Health insurance funds have led the broader divestment out of tobacco and in many cases munitions, acknowledging the hypocrisy of investing in products which threaten human health. Market Forces, an affiliate of Friends of the Earth Australia, is calling on health insurance funds to divest from fossil fuels on the grounds that they are harmful to human health. This company has invested $35 million in fossil fuels between 2008 and 2016 and has not announced plans to divest.
[Source 2016][More on Climate Change]
Following an ACCC investigation, in 2017 Australian Unity agreed to pay compensation to members who held couple and family policies in 2015 that were likely to have been misled about the dental benefits they could claim from their policy. It is expected that Australian Unity will pay at least $620,000 in compensation to affected consumers.
[Source 2017][More on Governance]
|Company Structure||Mutual company|
|# Employees||2,500 in 2017|
|Address||Melbourne, VIC, Australia|
|Phone||1300 727 411|