Insurance is about compensation not enrichment

Insurance is about compensation not enrichment. It is not a lotto ticket for a windfall should an insurable event happen. The policy owner should not be in a financially better situation after the event. What insurance should be about is compensating for a likely loss...

60% increase in the cost of treating cancer patients

Reading in the Daily telegraph from London yesterday: A financial adviser, Mr Haefele from UBS believes that the focus for investors should be in emerging markets health care and above all oncology and immunotherapy, a sector which apparently has 300 clinical trials...

Health bill drawn from ballot

It is good news that the private members which seeks to provide a 25% tax rebate on health insurance costs for the over 65’s has finally been drawn from the ballot. The bill also tries to address the issue of encouraging self-insurance for health costs by removing the...

Some interesting facts on Male mortality rates

                                                                                 I think it is always interesting to look at the statistics around mortality rates in New Zealand to understand the real risks that need to be considered. Nobody consciously thinks about...

Spotlight on skin cancer

Spotlight on skin cancer                                                                                                              It is always enjoyable to be outside in the great summer weather that we having been having. Whether boating or tramping or lying on...