What are the benefits of health insurance?

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New Zealand residents are fortunate to benefit from a public health system that is free or low cost thanks to Government subsidies. The public healthcare system will look after your acute needs and will cover you for accidental injury under a public no-fault accident insurance scheme (ACC).

The public health system supports most non-urgent procedures however if you were to ever need to see a specialist, or have a diagnostic procedure (such as x-rays or scans) or have non-acute surgery as part of the public system you will be put on a waiting list. A common reason for taking up private health insurance is to get peace of mind so that you can receive the treatment you need, when you need it.

The key benefits of having private health insurance in New Zealand are:

  • Get treated faster

As touched on above, getting faster access to treatments is a big drawcard for health insurance. With private cover you can avoid public hospital waiting lists and get the medical treatment you need as soon you are identified as needing it.

  • Get more choice

Having private health insurance also means that you have greater choice over when and where you receive treatment for qualifying medical conditions.

  • Reduce financial stress

Having private health insurance will reduce your costs of private treatment but it is also important to consider the time it could save you one day. They say time is money and without health insurance you could need time off work for a medical condition whilst you wait for treatment. Get back to work sooner by cutting out the waiting lists.

If you would like to discuss your health insurance options or evaluate your current policy contact me to arrange an appointment.

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