Business Daily Media

The Times

.

Beyond Claims: How Kuky Helps Health Insurers Enhance Community Well-Being

  • Written by PR Newswire

SYDNEY, March 14, 2025 /PRNewswire/ -- In 2022-23, Australia spent more than $8 billion on state and territory specialised mental health services. Already staggering, the amount does not include Australian Capital Territory jurisdictional or non-Commonwealth numbers, which were not available when the government released the national data in February 2025. The country's total mental health expenditure for 2022-23 stood at $13.2 billion, an increase from 2018-19's $11.8 billion.

How private insurers can help

Given the mental health challenge, the private insurance industry in Australia has the opportunity to be part of the solution, in turn boosting their own offerings aimed at a more community-centric clientele. Kuky[1], a new platform intended to foster real connections among people navigating the same health & wellness journey, is one service that insurers can tap to reach out to a broader range of policyholders.

Through the Kuky app[2], insurance providers can help connect post-surgery patients, expectant mothers, or families of those undergoing chemotherapy with others currently at the same point in their lives. Think social media but on a deeper and more impactful level. The goal is to bring together compatible and like-minded users and assist them in benefitting from shared experiences and meaningful interactions.

What's in it for the health insurance industry? 

With more and more private health insurers advocating for preventative and holistic healthcare to ease the burden in the public space, leveraging technology to actively improve health outcomes can offer a host of benefits while providing better value to insureds.

One perk of adding mental health platforms to an insurer's portfolio of services is enhanced member engagement. By offering an app that helps people address their mental health issues, insurance companies can engage with policyholders beyond the hospital setting, reaching even those opting for in-home care and also making insurance more attractive and accessible to a younger demographic.

With a wider client base that includes young Australians, health insurers can ensure the sustainability of their funds, for the benefit of both their operations and the people they serve. Once on board, customers also have more reasons to stay insured, given the benefits they can access through their policies in addition to claims.

Forming meaningful connections

In the same way that Kuky connects app[3] users who have similar experiences and interests, insurers will be wise to align themselves with other businesses and changemakers that can provide mutual benefits for their funds and members. Tapping those with additional expertise – in Kuky's case, experienced developers – can mean a positive difference to both insureds and insurance firms.

References

  1. ^ Kuky (www.kuky.com)
  2. ^ Kuky app (app.kuky.com)
  3. ^ Kuky connects app (apps.apple.com)

Read more https://www.prnasia.com/story/archive/4641168_AE41168_0

The 95 Per Cent Failure Rate Is Not An AI Problem

Most Australian SMEs I speak with are already having a go at AI. Some are running formal pilots, others have a team member quietly experimenting o...

New AR tech helping to solve field service skills crisis

AI-enabled augmented reality (AR) smart glasses are emerging as a new practical solution to fill a shortage of field service technicians maintaini...

For Midsize Companies, Global Payroll Systems Matter More to Business-Security Than You Think

When a midsize company expands across borders, its payroll operation becomes exponentially more complex. These organisations typically face a new ...

GEO and the AI search shift reshaping Australian and New Zealand business visibility

For years, one of the biggest digital marketing questions for businesses was ‘how do we get onto page one of Google?’ That question still matters, ...

Why self-service is reshaping fleet management for modern businesses

Fleet management today is constrained by fragmented systems and heavy administrative demands. A lot of the work still relies on booking vehicles and...

Fraud Prevention and security crucial as identity crime hits record highs in Australia

In a radically transformed risk landscape where the scale and speed of financial fraud have reached unprecedented levels, Australian businesses ar...