Insurance

AIA breaks new ground on health insurance pricing

Friday 22nd of April 2005

The company is setting up a $100 excess for claims for its specialist visits and procedures benefit.

“It avoids large premium increases,” says AIA’s national marketing manager Michael Hewes.

Hewes says in some cases the premium increase would have been 35%.

The company wanted to avoid significant premium increases, he told a road show in Wellington, if only because large increases...

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