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Health Insurance After 65: Worth It or Waste of Money?

Health Insurance After 65: Worth It or Waste of Money?

The Next Bit Podcast
61 min
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What should you do with your health insurance after 60? For many Kiwis, health insurance starts out as peace of mind, then as premiums rise sharply it can feel like a punishment for ageing. In this episode, Hannah McQueen is joined by Abby Woollaston, risk specialist, financial adviser, and director of Redress Advice, to unpack what’s really happening with health insurance as you get older. Some of the topics Hannah and Abby cover include: + Why health insurance premiums rise so sharply after 60 + The difference between useful cover and expensive extras + How excesses can dramatically reduce premiums + Why switching providers can backfire + What to know about pre-existing conditions, diagnostics, and non-Pharmac drugs And much more! This is a practical conversation about whether to keep, fix, or ditch your health insurance after 60, and how to make a smarter decision before a health crisis forces your hand. If you or your parents have “set and forgot” health insurance, this episode is well worth a listen. Live well and independent for longer. Get your whole of person assessment at www.agebrightly.co.nz The Next Bit Host is: Hannah McQueen - Founder of Brightly Join our community! We love to hear your feedback and questions. Instagram: https://www.instagram.com/thenextbitpodcast Facebook: https://www.facebook.com/profile.php?id=61584248556816 TikTok https://www.tiktok.com/@thenextbitpodcast YouTube: https://youtube.com/@thenextbitpodcast This podcast was written and produced by the amazing team at PodLab www.podlab.nz