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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