Federal Government incentives

The federal government is making private health insurance even better value.

The on-going 30% government rebate has made private health insurance affordable for more Australians, while lifetime health cover rewards people who take out private hospital insurance early and keep it.

• Medicare Levy Surcharge
  

  The Medicare Levy Surcharge (MLS) is an additional 1% on top of the Medicare Levy. Find out more and how you can avoid the surcharge.

• Federal Government Rebate
  

  The Federal Government provides a 30% rebate on the cost of private health insurance for all Australians. The rebate is available to everyone with private health insurance or anyone who takes out a new policy - no matter what their level of cover, income or type of membership.

• Lifetime Health Cover Loading
  

  LHC is a financial loading that can be payable in addition to the base rate premium for your private health insurance hospital cover. If you purchase hospital cover earlier in life, and keep it, you will pay lower premiums compared to someone who joins when they are older.

Insure? Not sure?

The Private Health Insurance Administration Council (PHIAC) has published a booklet that explains the Australian health system in simple terms. Insure? Not Sure? provides information to help you decide how best to meet your health insurance needs.