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The health insurance should be such that it meets your family needs. Comparing health insurance assures you to get the best product. Ultimately, you have the power of choice to choose the top quality health insurance.
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Compare Health Insurance Choose the right Health Plan
What is health insurance? • Health insurance provides the coverage against medical expenses that can occur as a result of accident, injury, disability, or accidental death among the individuals. • Health Insurance plans are a great help to tackle sudden medical expenses.
Choose the right “Health Plan” • There are a lot of private health organizations or similar organizations that provide health insurance or health plans for the payments of benefits as a result of sickness or injury. • One has to have a clear understanding of the right plan “Health Plan” for them. • The health insurance should be such that it meets your family needs. Comparing health insurance assures you to get the best product.
Health Insurance Tax Benefits The government has introduced a number of incentives to purchase Health Insurance • Lifetime Health Cover • Medicare Levy Surcharge • Private Health Insurance Rebate
Lifetime Health Cover • If you have not taken any hospital cover till July 1, after your 31st birthday then you have to pay a 2% loading on top of your premium for every year you are aged over 30. • The loading is removed after 10 years of continuous hospital cover.
Medicare Levy Surcharge • The people who do not have an adequate level of private hospital cover and their taxable income is greater than a specified level have to pay 1% Medicare Levy Surcharge or on top of the standard it can be 1.5%
Private Health Insurance Rebate • Depending on the age the government has subsidized the premium for all the private health insurance cover and they varies as 10%, 20% or 30%.
You can claim your rebate in 3 ways – • Get your health fund to reduce your premium by the rebate amount. • Get the Government to pay the rebate to you directly or get it through a local Medicare office. • Claim the rebate back on your tax return. Just provide a Health Insurance statement as part of your tax return.
It’s Your Health and Your Money! • The health insurance should cover all the conditions you are concerned about. • Sort out the best “Health Plans” in accordance with your needs and situation. • Health Insurance Comparison is the best way to get the top quality cover along with the special offers combined in a policy. For more information visit at yourhealthinsurance.com.au
Compare “Health Insurance Plans” with us for a better future! Contact us at http://www.yourhealthinsurance.com.au/