UniMed – One of NZ’s top four health insurance companies

Specialist in individual and work health insurance

Big four

Despite our relatively low profile, you may be surprised to learn that, we’re one of the top four group health insurers in New Zealand, and our employer schemes are the preferred work health insurance for a number of New Zealand’s largest and most successful businesses.

Competitive premiums

We are low-key, and low cost compared with other top health insurance companies [check our plans]. And, because we are a pure Kiwi, not-for-profit mutual society, there are no shareholders in New Zealand or overseas, so no expectations of large profits to pay dividends. It’s this, together with an understated marketing approach, which leaves more money to pay out in work health insurance claims to you, our members.

Voted #1 for Customer Service

Being low-key doesn’t mean we compromise on service. In fact, in independent tests of NZ health insurance companies conducted by Canstar (2013), UniMed was rated #1 group health insurer for customer satisfaction. You’ll enjoy a fast claims turnaround, with most standard claims being processed within 2-3 days of receipt.

Members first

Some health insurers seem to be always looking for ways to decline claims. Others try to approve so many that their reserves become depleted. UniMed has been operating since 1979 and the reason it has become one of the top NZ  health insurance companies is that it has developed a unique approach that pays out one of the highest percentage of claims of major providers*, while still maintaining excellent reserves. Our priority is our members’ health, not shareholder wealth!

Here for the long haul

It’s always a hassle to chop and change between health insurance companies and often doing so means losing cover for existing medical conditions.  So it’s comforting to know that UniMed has an A financial rating from AM Best. Through a commitment to keeping overheads low and our marketing low-key, we return more money to members, while still retaining a healthy reserve. That means that, even if we stopped getting membership fees, we could pay out on all claims for the next 18 months!

Focused on service excellence

Enjoy great service from UniMed’s regional team of Account Managers assigned to provide local service to Members of work health insurance schemes and a toll-free customer service centre, available to provide any further assistance to all Members.

Legal Status

Union Medical Benefits Society Limited is an incorporated Society registered under the Industrial and Provident Societies Act 1908.

Solvency Margin

As at 30 December 2016 UniMed's solvency margin was $80,450,385 and solvency ratio 527% based on the Reserve Bank of New Zealand's solvency calculation
standard for non-life insurance companies.

Annual Reports

View our 2017 Annual Report.
View our 2016 Annual Report.
View our 2015 Annual Report.
View our 2014 Annual Report.
View our 2013 Annual Report.
View our 2012 Annual Report.
View our 2011 Annual Report.
View our 2010 Annual Report.

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Check plans and options for health cover; view our competitive options for employee health insurance or find out more about the benefits of group scheme insurance.


Health Positive   Major Surgical   Hospital Select   Unicare Plus




Total value of claims paid since 1 July 2005 is