News
Medical costs higher than inflation, as pressure on public system grows
9+ hour, 28+ min ago (559+ words) People with health insurance are using it earlier and more often, as pressure on the public system grows and the cost of care increases. Figures from Insurance company AIA show medical costs are outpacing inflation, with heart claims facing some…...
Confusion as families hit with extra rest home surcharges despite subsidies
1+ mon, 2+ week ago (1327+ words) Families trying to find rest homes for their elderly relatives have been shocked to discover that they must pay anything from $10 to $85 a day for care, even when they qualify for the government subsidy. That is because rest homes are…...
Insurer backtracks on move to exclude ADHD and autism treatment cover
2+ mon, 2+ week ago (278+ words) Southern Cross Health Insurance says ADHD and autism are once again covered under its policies, after an earlier decision to exclude them. RNZ reported last month families were blind-sided by the decision, which left them without funding for treatment. At…...
ADHD and autism treatment not covered by insurer
3+ mon, 4+ week ago (760+ words) Some families of children with ADHD and Autism Spectrum Disorder have been blind-sided by South Cross Health Insurance pulling the plug on funding their treatment. The insurer said it was not a change in policy but simply a "clarification". It…...
Health insurance crunch prompts calls for fringe benefit tax break
10+ mon, 1+ week ago (904+ words) Health insurance is becoming too expensive for some New Zealanders and it's prompted a call from the industry for tax breaks to help. Research from the Financial Services Council, which represents life and health insurers, shows that a third of…...
Some Kiwis considering ditching insurance due to rising costs
10+ mon, 3+ week ago (683+ words) Some people are considering taking the gamble to ditch insurance as prices continue to rise. Stats NZ figures show at March last year house insurance was up almost 25 percent, contents insurance up about 28 percent and car insurance up almost 23 percent…...
Warning insurance 'white lies' can have big repercussions
10+ mon, 4+ week ago (628+ words) A couple who tried to get two different instances of car damage fixed in one insurance claim have had their claim declined and their insurance cancelled. It's prompted a reminder that being dishonest with insurers can have wider repercussions. The…...
Potential insurance costs cast shadow over parent visa
11+ mon, 2+ week ago (1152+ words) Insurance experts have raised concerns about potential costs for the long-awaited Parent Boost Visa that was announced by the government last weekend. Immigration Minister Erica Stanford said Sunday the visa would allow parents of citizens and residents to stay in…...