20 hours ago
Health insurance premiums going up
Do you know why your health insurance premiums are paying for someone elses operation? The cost of insurances have shot up recently; Stats NZ figures show as at March last year house insurance was up almost 25%, contents insurance up about 28% and car insurance up almost 23% compared to the previous year. Some companies offering health insurance as part of employment packages are looking to ditch or downgrade their cover as costs go up. Southern Cross had about 955,000 members last financial year or about 60% of Aotearoa's health insurance market by customer numbers. Chief Sales and Marketing Officer Regan Savage spoke to Lisa Owen.
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