COOK ravioli in large saucepan as directed on package, omitting salt. Meanwhile, combine next 4 ingredients in large saucepan.
DRAIN ravioli. Add to ingredients in saucepan along with the broccoli and peppers; toss to coat. Cover; cook on medium-low heat 5 min. or until heated through, stirring occasionally.
ADD onions and bacon; stir. Cook, uncovered, 2 min. or until heated through, stirring occasionally.