Russell Hutchinson Opinion
[DO NOT USE] A big year for medical claims is underway
Friday 18th of August 2023
Southern Cross highlighted some interesting items. A surplus of $90 million comprised of $108 million in operating surplus and a $17 million loss on investments.
The $1.08 billion in claims paid out of $1.35 billion received in premiums represented a lower proportion than usual. Southern Cross Health said that this year’s higher than expected surplus is due to a much lower volume...
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