News Video | Policy | GPs | Hospitals | Medical | Mental Health | Welfare | Search

 

Record $1.136b in health insurance claims paid in 2016

February 13, 2017

MEDIA RELEASE – FOR IMMEDIATE USE

Record $1.136b in health insurance claims paid in 2016

Health insurers funded an additional $100 million in healthcare in 2016 as more Kiwis took out health cover, according to the latest figures from the Health Funds Association (HFANZ).

Claims paid for the year jumped 9.4 percent to $1.136 billion as insurers funded record levels of elective surgery, HFANZ chief executive Roger Styles said today.

“Insurers have reported strong growth in elective surgical claims over the year, as more operations are being funded by health insurance. This is a huge jump and reflects the sizable contribution private health insurance makes in the New Zealand healthcare system,” Mr Styles said.

There was also a surge in the number of New Zealanders getting health insurance – up nearly 20,000 over the year – which Mr Styles said was the strongest growth in a decade. The total number of New Zealanders with private health insurance cover stood at 1.36 million as at December 31, an increase of 1.4 percent on figures from the end of December 2015. In the December 2016 quarter, lives covered rose by 5900, or 0.4 percent.

“People value the fact that health insurance provides certainty and timely access to treatment. Taking out health insurance means they are making a positive contribution to their own healthcare, at the same time as helping to relieve pressure on the public system,” he said.

“New Zealanders with health insurance are literally saving the Government hundreds of millions of dollars each year.”

Today’s release was the first time HFANZ had included in its data a category for minor medical policies, which offered a more limited range of medical cover at a lower cost. These typically covered some reimbursable items such as glasses, physiotherapy and GP visits but had limited or no cover for major surgery. Such policies accounted for around 50,000 lives covered – around 3.5 percent of those with health insurance.

ENDS (Full release and four-page statistical summary can be found by clicking link below)

Read full summary here


© Scoop Media

 
 
 
Culture Headlines | Health Headlines | Education Headlines

 


Howard Davis: Emerald Fennell's Promising Young Woman'


The Guardian needed not one, but three reviews to do justice to Fennell's unsettling approach, which indicates exactly how ambiguous and controversial its message really is. More>>


Howard Davis: Jill Trevelyan's Rita Angus

Although Angus has become one of Aotearoa’s best-loved painters, the story of her life remained little known and poorly understood before Jill Trevelyan's acclaimed and revelatory biography, which won the Non Fiction Award at the Montana New Zealand Book Awards in 2009, and has now been republished by Te Papa press. More>>

Howard Davis: The Back of the Painting

Painting conservators are the forensic pathologists of the art world. While they cannot bring their subjects back to life, they do provide fascinating insights into the precise circumstances of a painting's creation, its material authenticity, and constructive methodology. More>>


Howard Davis: Black Panthers on the Prowl

A passionate and gripping political drama from Shaka King, this is an informative and instructive tale of human frailty that centers around the charismatic Chicago Black Panther leader Fred Hampton, who was murdered at the age of twenty-one during a police raid. More>>

Howard Davis: Controlling the High Ground

Stephen Johnson's raw and angry film not only poses important questions with scrupulous authenticity, but also provides a timely reminder of the genocidal consequences of casual bigotry and xenophobia. More>>

Howard Davis: Dryzabone - Robert Conolly's The Dry

After the terrible devastation caused by last year’s bushfires, which prompted hundreds of Australians to shelter in the ocean to escape incineration and destroyed uncountable amounts of wildlife, The Dry has been released during a totally different kind of dry spell. More>>


Howard Davis: Hit the Road, Jack - Chloé Zhao's Nomadland

Nomadland is perhaps the ultimately 'road' movie as it follows a group of dispossessed and disenfranchised vagabonds who find a form of communal refuge in camp sites and trailer parks after the economic contraction of 2008. More>>

 
 
 
 
 
 

LATEST HEADLINES

  • CULTURE
  • HEALTH
  • EDUCATION
 
 
  • Wellington
  • Christchurch
  • Auckland