Society Board News
Non-Executive Director 2013
The Southern Cross Medical Care Society has been seeking expressions of interest from suitably qualified individuals to join its Board. The Board's preferred candidate will be identified by 1 September and endorsed by the Board for election at the Society's AGM on 5 December 2013.
Member Tenure Project 2012
This project was established as a result of two resolutions passed at the Society’s 2011 AGM to look into the subject of recognising members of long-standing.
The project commenced in March 2012 and concluded in August 2012. It encompassed member consultation, research, detailed data analysis and evaluation of possible discount models.
The key outcomes were:
- The Society will look in greater detail at the concept of recognising members who have been low claimers over a longer assessment period than the two years associated with our current Low Claims Reward.
- The idea of providing premium discounts to members based solely on their length of membership will not be pursued any further.
Chairman Graeme Hawkins says the findings of the project demonstrated that a discount based only on length of membership would not be equitable to all members and would be unsustainable for the Society.
Mr Hawkins emphasised that the project outcome did not diminish the concern long-held by the Board and management about rising healthcare costs and the high cost of premiums for older members. “We are focused on doing what we can to moderate claims cost escalation to ensure health insurance remains as affordable as possible.”
The Board thanks those members who took an interest in, or made a contribution to, the Member Tenure Project.
Other Board News
Following are links to news items, reports and updates related to the Governance of the Southern Cross Medical Care Society (the legal name of the Southern Cross Health Society).