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Pandemic made Kiwis understand the importance of health coverage

“We know the coming of COVID, and for most of us the personal knowledge of it, has led to the first action and the protection of our health,” said the chief executive of FSC Richard Klippin. “This has led to a very positive change in many Kiwis protecting themselves and managing their risk by buying and managing their own private health insurance.”

According to the FSC, on March 31, 1.45 million people in New Zealand were covered by health insurance. A total of $1.51 billion was paid in the last 12 months, an increase of 7.2% over the previous year.

“Health insurance supports Kiwis to meet their health care needs and the many demands associated with alternative medicine, also helping to ease demand on the public health system,” Klipin said. . “It’s an assurance that more New Zealanders have access to health insurance benefits, and our health insurance members are committed to ensuring access to health care for their customers.”

Klipin said that the public health care industry, like many others, is facing high costs caused by the current economic climate, which includes rising inflation, interest rates, fees and chain costs.

“Healthcare has been greatly affected by sector-specific impacts including shortages of key personnel and increased labor, surgical and medical costs,” he said. “The views of the industry have been clearly expressed as a result, it is expected that the cost of providing health care services will increase. Due to this complex combination of increasing demand and cost, health insurers must manage and manage these economic issues to ensure that their members receive quality health care. Each provider has its own standards and practices own business decisions and communicate the changes directly to their customers. We are confident, however, that despite these challenges, health insurance will remain an affordable and high quality service for all New Zealanders.

FSC urges health insurance providers to actively evaluate their existing coverage in order to meet their needs and that of their families. If they have questions, consumers should contact their insurer to clarify them, and also seek professional advice from an insurance broker or other adviser.

Pandemic made Kiwis understand the importance of health coverage

Source link Pandemic made Kiwis understand the importance of health coverage

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