In financial year 2021, the value of claims paid out by health insurers in New Zealand amounted to about 1.53 billion New Zealand dollars. The total number of lives covered by private health insurance totaled over 1.4 million by the end of the 2019 fiscal year.
Value of claims paid by health insurers in New Zealand from financial year 2010 to 2021
(in million New Zealand dollars)
One New Zealand dollar is equal to approximately 0.64 U.S. dollars and 0.61 euros (as of May 2022).
New Zealand's financial year runs from April 1 to March 31; for example, financial year 2017 starts on April 1, 2016 and ends on March 31, 2017.
Data are from the Health Funds Association of New Zealand (HFANZ) - the industry body representing health insurers within New Zealand. Membership is voluntary, with HFANZ members accounting for over 80 percent of private health insurance policies in place in the country. The Health Funds Association merged with the Financial Services Council in December 2020.
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HFANZ. (February 23, 2022). Value of claims paid by health insurers in New Zealand from financial year 2010 to 2021 (in million New Zealand dollars) [Graph]. In Statista. Retrieved November 05, 2024, from https://www.statista.com/statistics/1051074/new-zealand-health-insurance-claims-paid/
HFANZ. "Value of claims paid by health insurers in New Zealand from financial year 2010 to 2021 (in million New Zealand dollars)." Chart. February 23, 2022. Statista. Accessed November 05, 2024. https://www.statista.com/statistics/1051074/new-zealand-health-insurance-claims-paid/
HFANZ. (2022). Value of claims paid by health insurers in New Zealand from financial year 2010 to 2021 (in million New Zealand dollars). Statista. Statista Inc.. Accessed: November 05, 2024. https://www.statista.com/statistics/1051074/new-zealand-health-insurance-claims-paid/
HFANZ. "Value of Claims Paid by Health Insurers in New Zealand from Financial Year 2010 to 2021 (in Million New Zealand Dollars)." Statista, Statista Inc., 23 Feb 2022, https://www.statista.com/statistics/1051074/new-zealand-health-insurance-claims-paid/
HFANZ, Value of claims paid by health insurers in New Zealand from financial year 2010 to 2021 (in million New Zealand dollars) Statista, https://www.statista.com/statistics/1051074/new-zealand-health-insurance-claims-paid/ (last visited November 05, 2024)
Value of claims paid by health insurers in New Zealand from financial year 2010 to 2021 (in million New Zealand dollars) [Graph], HFANZ, February 23, 2022. [Online]. Available: https://www.statista.com/statistics/1051074/new-zealand-health-insurance-claims-paid/
