KiwiSurfer:

 

hsvhel:

 

Seems most are with Southern, can you not decline the increase and maintain the lower level?

 

 

You might be thinking of property/car/etc insurance. With property/car/etc insurance you sometimes have the option to insure an agreed amount which you can adjust downwards to lower your costs -- for example when I insured my car I chose a lower value for my car to reduce my annual costs accepting the tradeoff that if my car gets written off I will be paid not not much. However it doesn't work that way with health insurance (at least not with Southern Cross). My plan for example covers 80% of costs without options to increase/descrease that within the same plan -- so whenever the cost of medical procedures goes up, 80% of that also goes up, and thus insurance costs also go up. I can switch to an entirely different plan, but that means whats gets covered is differnt. Southern Cross offers a plan that does 100% cover but much more expensive cost as that plan also bundles in other perks I'd be happy to do without. Changing to a different plan comes with its own set of benefits/drawbacks.

 

Completely understand, do you mind if i run this past a couple of providers tomorrow? keeping in mind individual circumstance.