nib health insurance
Starting all the way back in 1952 as a community fund by steel workers in New South Wales, nib has since expanded, landing in New Zealand back in 2012. With more than 60 years of experience under their belt, nib health insurance proudly provide their services to more than a million members on both sides of the Tasman.
In addition to providing a range of health insurance solutions to Kiwis and their families, nib health insurance also offer their products to companies, making them a good pick for organisations looking for a policy for their employees.
Why get nib health insurance?
nib offers their customers the opportunity to determine how their treatment goes, such as choosing the time, place, and when it starts. They also offer a 14-day “free-look” period where you can try out nib health cover and see if it’s right for you. If it’s not, you can get a refund on your premiums, provided no claims were made within this period. You’re never locked in with nib, giving you flexibility and freedom when it comes to your health!
Types of nib Health Insurance plans NZ - Policies, Coverage
Everyday Health Insurance
This type of cover is for healthcare costs that don’t require a hospital visit, such as doctor’s visits, new glasses purchase, or a non-referral physio. This plan is divided into two offers: Standard Everyday and Premium Everyday.
Standard Everyday offers 60% back on claims up to your annual limit. It also provides cover for day-to-day medical expenses, including new prescription glasses or lenses, and visiting the dentist or GP.
For Premium Everyday, the benefits and coverage remain the same, albeit with a higher annual limit for expenses. It also offers 80% back on your claims, up from what is offered in their standard plan.
Private Hospital Insurance
nib private hospital cover is used for the big medical procedures that include cancer treatment, surgery, and diagnostic investigations, among others. It helps patients get faster access to the private health care system, allowing them to skip the public waiting lists and receive the treatment they need. This plan has four variations of cover:
Standard Hospital covers you for the big things like the procedures mentioned above, plus it also lets you claim for specialist consultations and post-operational therapy; costs that could easily add-up if one lacks health insurance. Also, if you don’t make a claim within 24 months, nib health cover will reimburse up to $150 for a gym or sports club memberships!
Premium Hospital has the same coverage as the standard plan, but it increases the reimbursement limit up to $300, as well as the ability to claim toward specialist consultations (even if you didn’t end up going to the hospital)!
Easy Health provides you and your family with comprehensive cover for three years, taking care of the more expensive medicals such as surgical and non-surgical treatment. Each person in the policy can choose their own excess amount and options, making it a great pick for family cover.
Ultimate Health and Ultimate Health Max is nib’s most comprehensive cover, offering policyholders greater choice and flexibility within their plan. Ultimate Health Max has the benefit of cover for Medsafe-approved medication that isn’t subsidised through PHARMAC for treatment. These plans allow clients to know exactly what they’ll be getting when it’s time to claim.
Lastly, nib Health Insurance allows users to combine both Private Hospital and Every Day policies for a more comprehensive deal that helps you with both the big procedures and daily expenses.
Frequently asked questions
Most pre-existing conditions are covered after a member has been with nib for three continuous years. However, pre-existing conditions like cancer, cardiovascular conditions, hip, knee, or back problems, transplants, and reconstructive surgery are generally excluded. For more information, nib recommends getting in touch with them first before joining.
It’s easy to make a claim with nib health insurance! You can easily make a claim online or through their nib mobile app.
Very fast! nib generally looks at claims within 5 working days, getting back in touch with their clients as soon as their claims are processed.
The First Choice network is a community of health professionals who provide their services at a reduced cost to nib members, further lowering the costs that need to be paid out of pocket. This network makes it easier for nib members to make a claim, with most eligible costs covered 100%. In some instances, your healthcare provider may even submit your claim on your behalf.
NZ citizens and permanent residents are eligible to join nib anytime! As for others, people on a working visa can sign up for Hospital Cover, provided that you’re eligible for public healthcare. Otherwise, you’re also eligible for Everyday Cover.