"Without Prejudice" Dear Mr Cormann, There are a few very important points you must consider before pushing the Medibank Private button 5 weeks ahead of plan on Monday. Through significant information collected from members and that which is already in the public domain, one could reasonably determine that ; 1. Medibank Private 'Fund' Members do have Equity. 2. Regardless of legislation passed since 1997, Medibank Private Members remained/ remain the Beneficial Owners of the 'Fund' 3. Medibank Private operated in what is/was extensively a mutual market place (governed by the Health Act) and conducted its business in such a way that members reasonably considered it a mutual in all forms based upon 'Fund' rules and marketing materials/ statements employed to encourage and renew memberships. 4. The Fraser, Hawke and Keating governments and their various Cabinet/ health administrations through various advices they received considered the Medibank Private 'Fund' to be beneficially owned by members. Which was further unequivocally supported and stated by the Medibank Private 'Fund' custodians, the Health Insurance Commission, when it's Chairman in 1988 affirmed in the annual report that. "Medibank Private is a non-profit organisation based solely on its contri­butors’ funds. The government has no ­financial interest in Medibank Private’s assets and reserves. They are the property of its contributors,” chairman Fred Millar wrote! Further the 2004 annual report said: “As a not-for-profit organisation, every dollar of profit is retained within the fund for the ­benefit of members.” 5. The Commonwealth since 1997 have introduced various legislation with a view to degrade and or remove Medibank Private 'Fund' members beneficial ownership of the Medibank Private 'Fund'. 6. That the Commonwealth implemented legislation and then removed significant members beneficial funds from the 'Fund' immediately in 2009 and generally thereafter in the period 2009 -2013 which almost certainly may have resulted in higher contribution costs and lower benefits for Medibank Private 'Fund' members. 7. That the Commonwealth perhaps acted in points 5 and 6 contrary to the advices of significantly experienced Health Insurance Commission officers and no doubt various other opinions and advice commissioned since the establishment of the Medibank Private 'Fund'. The signatories to this petition implore you to do your homework on the above before the new D-Day you have set, but equally to be fair and grant Medibank Private 'Fund' members, shares free of cost. Members of the Medibank Private 'Fund' and supporters remain committed to a class action in the event you do not reassess your decision Mr Cormann. With kind regards, David Gronow for and on behalf of petitioners, it's members and supporters Email ; mediprivfacts@gmail.com