Non-Pharmac-funded drug insurance comes with limits
It’s not enough for a particular drug to be Medsafe approved – for example, a drug it has approved that is indicated to treat pancreatic or bowel cancer wouldn’t be covered if that drug was used to treat another type of cancer such a brain tumor.
That was the message coming out of a Financial Advice NZ (FANZ) webinar aimed at clarifying advisers’ understanding of which drugs that aren’t funded by Pharmac but which are covered by various insurers’ policies.
Southern Cross will only cover non-Pharmac-funded drugs used in treating cancer, not for other types of conditions.
Nicola Cresswell, Southern Cross’ head of product and design, that Southern Cross’s coverage is limited to cancer drugs only and only to those drugs that Medsafe has indicated as treatment for specific cancers.
Click the button below to subscribe and will have free unlimited access for a limited time to full article and all other articles on the site.
You will also be able to comment on articles on Good Returns.
![[The Wrap] What the heck is happening at the FMA?](https://goodreturns.publit.io/file/c_fill,w_300,h_200/a6c3bc06-6401-44de-96e2-286c090e132d.jpg)
