News release - for immediate use
9 February 2007

Surgery cuts drive health insurance jump

New Zealanders are signing up health insurance policies at the rate of nearly 100 people a day.

In the December 2006 quarter, the number of lives covered by health insurance jumped 8,400 to 1.37 million. The total increase for the 2006 year was 15,500. The data was released by the Health Funds Association of New Zealand (HFANZ).

HFANZ Executive Director, Claire Austin, says it is positive that the rate of increase in insurance coverage appears to be growing.

“Older policyholders are keeping their cover, as they see what is happening with elective services. At the same time, younger age groups and families are increasingly looking to health insurance for peace of mind.

She agrees with Health Minister Pete Hodgson’s recent statement that there will never be enough taxpayer money to fund all types of surgery that anyone may want to undertake.

“Health insurers paid out $575 million in claims in the last year. Patients are accessing advanced medical technologies, major surgery and treatment when they need it. The greater number of people covered by health insurance helps spread risk and at the same time helps relieve pressure from the public system.” Ms Austin said.

“ We need to recognise that health insurance complements the public health system and look for more ways for the sectors to work more collaboratively for the benefit of all New Zealanders.”

Ends.

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