tmmonline.nz  |   landlords.co.nz        About Good Returns  |  Advertise  |  Contact Us  |  Terms & Conditions  |  RSS Feeds

NZ's Financial Adviser News Centre

GR Logo
Obituary - Highly respected adviser moves on READ ON Dismiss
Last Article Uploaded: Saturday, September 25th, 8:04AM

Insurance

rss
Latest Headlines

Health insurance claims top $400m in last quarter

New data reveals Kiwi's have been paid out $400 million in health insurance claims in the quarter to June 30.

Monday, August 30th 2021, 1:30PM

by Matthew Martin

Richard Klipin.

The Financial Services Council (FSC) released its latest health insurance sector snapshot, showing a total of $1.5 billion in claims have been paid to New Zealander's since July 2020.

This is an increase of just under $60 million in comparison to the previous three month period with the data also showing that more than 1.4 million Kiwis have some form of health cover.

“Although the current lockdown has impacted the availability of private health services, with most elective surgeries being postponed, we expect to see services restored as New Zealand moves down alert levels,” says FSC chief executive Richard Klipin.

“Importantly, customers will remain covered for any medical conditions that they may develop during the lockdown period.”

FSC health committee chairman Lance Walker says more younger Kiwis view health cover as an important part of their financial and overall wellbeing, showing that around 1 in 3 customers with health cover are under the age of 30.

He says last year, orthopaedic surgery, cancer and gynaecological treatments were the top three areas of support funded by health insurers.

 

Tags: claims Covid-19 FSC health insurance Richard Klipin

« nib makes $27 million profit after 'challenging year'Asteron offers Best Doctors package to advisers »

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

FMA licensing workshops popular with Fidelity Life advisers
A series of online licensing support workshops jointly hosted by Fidelity Life and the Financial Markets Authority have attracted almost 200 adviser registrations.

Check your cover and win a prize - ICNZ
This week is Money Week and the Insurance Council of New Zealand (ICNZ) is encouraging New Zealanders to make one day their ‘Insurance Day’ to ensure their insurance meets their needs.

Tower hits the water with boat insurance offering
Tower Insurance has announced it will now be offering boat insurance policies online. 

$10k scholarship for insurance professionals opens
Submissions are now open for a scholarship designed to support the professional growth and development of insurance industry practitioners in New Zealand.

News Bites
Latest Comments
Subscribe Now

Cover Notes - Specific news aimed at risk advisers

Previous News

MORE NEWS»

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