The unhealthy insurance sector

General Business

6 mins to read

Key points

What’s at stake: The affordability and sustainability of private health insurance in NZ.
Background: A struggling public health system has led to record claims on private insurance and reduced coverage.
Main players: Private providers including Southern Cross, NIB, AIA, UniMed, Partners Life, Revenue Minister Simon Watts.

The second-largest private health insurance provider in New Zealand, NIB, is cutting some non-core benefits and asking members to front up with 20% of the cost of some specialist consultations and diagnostic services.

The changes have just been revealed to insurance brokers and come as the sector

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Simon Shepherd Tue, 07 Oct 2025

Contact the Writer: simon@nbr.co.nz

News tip? Question? Typo? Let us know: editor@nbr.co.nz

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