Managing cover through life stagesAccording to Southern Cross data, members in their 50s typically maintain their cover while still employed, with some benefiting from employer-subsidised group health insurance schemes. By their 60s, members begin claiming more frequently, often to avoid lengthy public hospital waiting lists. Savage said this is also the decade when members start reviewing how to keep premiums manageable while retaining meaningful cover, particularly for those who have left the workforce and lost access to employer-subsidised plans.

Source: Stuff March 23, 2026 17:58 UTC