The fight against rising medical costs

The fight against rising medical costs

The fight against rising medical costs

Insurers are fighting a losing battle when it comes to making a profit on medical insurance. This is reflective in the increased premiums year on year, making access to private healthcare increasingly difficult for many New Zealanders.

One insurer is addressing escalating medical costs by setting up an Affiliated Provider Network within New Zealand in order to minimise the impact on premiums.

This is a programme whereby they have pre-negotiated price agreements in place with medical providers to ensure no one is charging exorbitant prices. By joining this network, medical providers contribute to a simpler and more sustainable arrangement and in turn will be reflective in premiums.

We at Risk Solutions support this imitative and find it encouraging to see insurers actively trying to make premiums more affordable.

For further information on this programme or for health insurance in general, please contact us 412 6363 or email info@rsl.net.nz

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