Cancer Care is a new health insurance product from AIA that covers the costs associated with cancer diagnosis, treatment and recovery.
Cancer is a leading cause of death and serious illness in New Zealand with more than 23,000 Kiwis diagnosed with cancer each year, according to the Ministry of Health. It says that many cancers can be successfully treated if diagnosed early, with an estimated one in three people recovering in New Zealand.
Nick Stanhope, AIA New Zealand’s CEO, says most Kiwis will have some experience with cancer at some point in their lives.
“AIA Cancer Care is an alternative to comprehensive health cover,” he says. “This is for people who recognise the value of health insurance and are looking for an affordable option to cover potential out-of-pocket costs to treat cancer.
“This is a policy that would suit people who may be happy to rely on the public health care system for non-cancer related conditions but want to ensure that they have access to the latest available treatment options, including potentially high cost cancer drugs which may not receive public funding.”
AIA’s Cancer Cover provides:
- Unlimited cover for cancer surgery
- Up to $500,000 per policy year for Pharmac and non-Pharmac subsidised Medsafe indicated cancer medications
- Up to $5,000 per policy year for specialists’ consultations and diagnostic testing for confirmation of cancer diagnosis
- Following diagnosis, specialist consultations, diagnostic testing, and treatment up to $500,000 per policy year
- Option of overseas treatment if necessary
- Post-cancer treatment care and support benefit
Cancer Care can be purchased as a standalone policy.