February 22, 2021
Health insurer targeting iwi
nib New Zealand says its partnership with Auckland iwi, Ngāti Whātua Ōrākei now provides health insurance to almost 4,200 people, and it’s looking to expand the initiative to other iwi.
The company yesterday announced its results for the six months to December 31, with premium revenue up 7.9 percent to $136.1 million .
Chief executive Rob Hennin says claims increased 7.6 percent as members headed back to to seek treatment following the first wave of COVID-19 restrictions.
More than 3000 new policies were added.
nib NZ chair Tony Ryall says there was an opportunity to demonstrate the capability of private health insurance to improve health outcomes and mitigate potentially avoidable or unwarranted healthcare treatment.
He says partnerships with organisations such as Ngāti Whātua Ōrākei as well as its Honeysuckle Health joint venture with US healthcare company, Cigna, are examples of how nib can play a more active role in members’ health by using personalised data to help them live healthier lives.
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