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Public Utilities Board approves MPI rebate for ratepayers

Jeff Wharton coronavirus in manitoba manitoba coronavirus Coronavirus
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A $58-million rebate to Manitoba Public Insurance ratepayers has been approved. The Public Utilities Board (PUB) approved the rebate Wednesday after a virtual meeting on April 29 and 30. “The Application and the evidence at the hearing was that the proposed rebate would accelerate the return of excess capital to policyholders in the form of a one-time payment instead of assessing lower rates in the future,” reads the decision. [ Sign up for our Health IQ newsletter for the latest coronavirus updates ] The Board decision says MPI must issue the rebate by May 31.

Read the decision below: On April 23, Crown Services Minister Jeff Wharton announced that MPI would be asking for a $110-million rebate.

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
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Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
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