There will always be limits on the amount of healthcare a country can afford. I actually feel like we have it pretty good here in New Zealand when it comes to the medical care we receive. However, it is interesting to note how limited the public medical system is when it comes to modern medicine.
“The Medicine Gap,” a New Zealand initiative that raises awareness through patient stories, shares some startling statistics: “Of 403 modern medicines made available between 2011 and 2018, only 6% were publicly funded” (https://themedicinegap.co.nz/the-gap/).
Not all medical insurances are the same.
Medical insurance is a simple way to ensure that your family gets access to a much wider variety of medical treatments. However, not all policies cover non-government-funded medicines. It’s a good idea to review your existing policy, as it seems that most medical insurance policies held by New Zealanders offer little to no cover for non-Pharmac medication.
Modern insurance policies can offer $200,000 to $300,000 worth of cover.
