
Insurance
Increasing health insurance premiums to hit hard
Wednesday 3rd of March 2010
Sovereign has had to hike its health insurance premiums by 12% and Southern Cross will also have an average increase of 12% to reflect the increasing cost of claims, rising health care costs and the reduction in claims paid by ACC.
TOWER says its most recent premium increases averaged 10% reflecting higher than historical claims inflation.
TOWER chief executive of Health & Lif...
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