Insurers seek tax breaks to reduce health insurance costs
Tuesday 15 July 2025 · 2 outlets · 2 reports · updated In this story Simon Watts, Financial Services Council, Southern Cross
The Financial Services Council is calling for fringe benefit tax breaks to make employer-provided health insurance more affordable. While a third of New Zealanders currently hold insurance, rising costs have led some to cancel their cover. Revenue Minister Simon Watts stated the proposal is not currently part of the Government's work programme.