Southern Cross Medical Care Society
Founded in 1961, the Southern Cross Medical Care Society, trading as Southern Cross Health Society, is a friendly society and New Zealand’s largest health insurer, with more than 820,000 members (as of mid-2012), which represents a 61% market share. It funds more than NZ$605m of healthcare services each year, mostly for elective surgical procedures. The Society also offers corporate wellness programmes. In the 2012 financial year, for every $1 of premium income, 85.7 cents was returned to members in claims for healthcare treatment.
Read more about this topic: Southern Cross Healthcare Group (New Zealand)
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