Ways around mounting claims: Insurers
But insurers say questions about the industry’s sustainability are unfounded.
The Health Funds Association’s latest statistics show there were $256 million worth of claims in the September quarter, an increase on the record high of $245 million paid in June.
HFANZ chief executive Roger Styles said New Zealand health insurance claims were on track to reach a billion dollars for the first time in the coming financial year.
There were 1.335 million people with health insurance at the end of September, a drop of 4100 over the quarter, and 1% since September the year before.
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