About Good Returns  |  Advertise  |  Contact Us  |  Terms & Conditions  |  RSS Feeds Other Sites:   tmmonline.nz  |   landlords.co.nz
Last Article Uploaded: Sunday, July 21st, 8:44PM
rss
Latest Headlines

nib expands First Choice network

nib has announced an expansion of its First Choice network, which the health insurer says has delivered more than $1 million in claims savings in the first year of operation.

Tuesday, July 2nd 2019, 9:22AM

Justin Vaughan

The First Choice network was created after nib identified significant variation in the cost of surgical procedures across the country.

nib group executive benefits and provider relations Justin Vaughan said the network was designed to help tackle these huge surgical cost differences and in turn, ensure members did not have any unexpected costs.

“We think it’s absurd that having a knee replacement in Auckland costs 23% more than the national average but if you have the same surgery in Christchurch you’ll pay 10% less.

“There’s no clear reason or evidence to support these higher fees or that there’s better quality healthcare."

First Choice offers a network of medical professionals that agree to provide services and treatment within a determined price range.

Currently, 90% of nib members visit a First Choice network provider for treatment with more than 4500 payments made for surgeries each month.

“We know our members don’t like when they have to pay an out-of-pocket cost for medical treatment. By visiting a First Choice provider, it means they don’t have to, with 100% of their approved costs covered,” Vaughan said.

“Importantly, members can still choose to see an out-of-network doctor, however, they’ll have to contribute towards the additional costs they charge."

nib has expanded the popular network to include additional medical treatments for different specialties.

“We’re aiming to have 90% of New Zealand medical professionals in network to help us continue to better manage claims costs and keep premiums affordable for our members,” Vaughan said.

Tags: nib

« Fidelity Life team up for awardFuture actuary rewarded »

Special Offers

Comments from our readers

No comments yet

Sign In to add your comment

 

print

Printable version  

print

Email to a friend
Insurance Briefs

Future actuary rewarded

nib expands First Choice network
nib has announced an expansion of its First Choice network, which the health insurer says has delivered more than $1 million in claims savings in the first year of operation.

Fidelity Life team up for award
Fidelity Life chief technology Officer Dan Wilkinson and his team have been named as a finalist in the Best ICT Team Culture category at the 2019 New Zealand CIO Awards.

Cigna to support kids' mental health
Cigna New Zealand and Life Education have partnered to develop Small Changes Whānau Challenge, a new take-home resource that will support classroom learning about kids’ mental health and wellbeing.

News Bites
Latest Comments
Subscribe Now

Mortgage Rates Newsletter

Daily Weekly

Previous News

MORE NEWS»

Most Commented On
About Us  |  Advertise  |  Contact Us  |  Terms & Conditions  |  Privacy Policy  |  RSS Feeds  |  Letters  |  Archive  |  Toolbox
 
Site by Web Developer and eyelovedesign.com