The Chief Executive of Southern Cross says the company's seen softer new joiners to health insurance. 

New Zealand’s biggest health insurer paid a record 1.8 billion-dollars in claims from 2.1-billion received in premiums, but its membership numbers are continuing to decline.

Southern Cross membership fell nearly two-percent to 935-thousand in this latest year.

Nick Astwick told Andrew Dickens the cost of living did seem to play a part. 

He says private health care cost has risen significantly in the past few years and premiums have gone up. 

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The Chief Executive of Southern Cross says the company's seen softer new joiners to health insurance.&nbsp;
New Zealand’s biggest health insurer paid a record 1.8 billion-dollars in claims from 2.1-billion received in premiums, but its membership numbers are continuing to decline.
Southern Cross membership fell nearly two-percent to 935-thousand in this latest year.
Nick Astwick told Andrew Dickens the cost of living did seem to play a part.&nbsp;
He says private health care cost has risen significantly in the past few years and premiums have gone up.&nbsp;
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Nick Astwick: Southern Cross Health Insurance CEO on declining membership numbers

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/93a03077-b204-46ec-b77b-b4d7006c011e/transcript