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Old 10-02-2007, 06:13 AM
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Default Private health insurance increasing

Health insurers sign up 100 newcomers a day
Friday February 09, 2007

New Zealanders are signing up health insurance policies at the rate of nearly 100 people a day.

In the December 2006 quarter, the number of lives covered by health insurance jumped 8400 to 1.37 million.

The total increase for the 2006 year was 15,500, according to the Health Funds Association of New Zealand (HFANZ).

"Older policyholders are keeping their cover, as they see what is happening with elective services. At the same time, younger age groups and families are increasingly looking to health insurance for peace of mind," said HFANZ executive director Claire Austin.

She agreed with Health Minister Pete Hodgson's recent comments that there would never be enough taxpayer money to fund all types of surgery that anyone may want to undertake.

More here.
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