Style: April 06, 2018

STYLE | finance 71
RECEIVING HEALTH INSURANCE AS A WORK PERK
Employers often use health insurance as a carrot to attract
and retain staff – but what cover does it provide? Because
workplace health insurance is often standardised across
employees, you may not be receiving the cover best suited
to your needs. This could mean you may not even qualify
to receive non-Pharmac medicine and may need to join the
back of the public hospital waiting line to see a specialist. I
often recommend a top-up policy for my clients to make up
the shortfall in cover. This minor cost can save you major
expense in the long run. Here it’s important to work with
your advisor to help evaluate the cover gap so that you pay
only for what you need.
As a public health system often envied by others offshore,
it’s a common misconception to assume health insurance
has little role within the New Zealand landscape. Access to
non-Pharmac medicine, more than anything else, necessitates
paying that little extra each month to ensure you have the
right coverage. You need to start while you’re still healthy.
First National Progressive
THE KEY TO ALL YOUR
REAL ESTATE NEEDS
Your 2018 New Year Goals:
sell my house
buy an investment
build a new home
less stress – get my
property managed
Call First National Progressive today!
03 358 9088
1 Wentworth Street
Licensed REAA 2008
www.gpre.co.nz