457 health insurance and medicare levy surcharge?
Aug 16th 2006, 8:07 am
#1
Just Joined
Thread Starter
Joined: Jul 2006
Posts: 9
457 health insurance and medicare levy surcharge?
Does anyone know if overseas visitor cover on the 457 visa exempts you from paying the extra 1% medicare levy surcharge?
I know we are still going to have to pay 1.5% medicare levy, but all the health insurers are telling me different e.g HBA says their policies dont exempt you from the MLS, but IMAN say theirs do (though nothing about it on their website). Just wondering if anyone knows anything about it? Feel like the whole healthcare set up for temp. residents is a money-taking exercise. We could end up paying $4800 on health ins policy, then an extra 2.5% of salary for Medicare too. Its a joke!!!
I know we are still going to have to pay 1.5% medicare levy, but all the health insurers are telling me different e.g HBA says their policies dont exempt you from the MLS, but IMAN say theirs do (though nothing about it on their website). Just wondering if anyone knows anything about it? Feel like the whole healthcare set up for temp. residents is a money-taking exercise. We could end up paying $4800 on health ins policy, then an extra 2.5% of salary for Medicare too. Its a joke!!!
Aug 16th 2006, 11:19 am
#2
Retired
Joined: Apr 2004
Posts: 34,649
Re: 457 health insurance and medicare levy surcharge?
Originally Posted by carrot
Does anyone know if overseas visitor cover on the 457 visa exempts you from paying the extra 1% medicare levy surcharge?
I know we are still going to have to pay 1.5% medicare levy, but all the health insurers are telling me different e.g HBA says their policies dont exempt you from the MLS, but IMAN say theirs do (though nothing about it on their website). Just wondering if anyone knows anything about it? Feel like the whole healthcare set up for temp. residents is a money-taking exercise. We could end up paying $4800 on health ins policy, then an extra 2.5% of salary for Medicare too. Its a joke!!!
I know we are still going to have to pay 1.5% medicare levy, but all the health insurers are telling me different e.g HBA says their policies dont exempt you from the MLS, but IMAN say theirs do (though nothing about it on their website). Just wondering if anyone knows anything about it? Feel like the whole healthcare set up for temp. residents is a money-taking exercise. We could end up paying $4800 on health ins policy, then an extra 2.5% of salary for Medicare too. Its a joke!!!
Aug 16th 2006, 11:51 am
#3
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Joined: Feb 2006
Location: Perth since 1997
Posts: 590
Re: 457 health insurance and medicare levy surcharge?
Originally Posted by carrot
Does anyone know if overseas visitor cover on the 457 visa exempts you from paying the extra 1% medicare levy surcharge?
I know we are still going to have to pay 1.5% medicare levy, but all the health insurers are telling me different e.g HBA says their policies dont exempt you from the MLS, but IMAN say theirs do (though nothing about it on their website). Just wondering if anyone knows anything about it? Feel like the whole healthcare set up for temp. residents is a money-taking exercise. We could end up paying $4800 on health ins policy, then an extra 2.5% of salary for Medicare too. Its a joke!!!
I know we are still going to have to pay 1.5% medicare levy, but all the health insurers are telling me different e.g HBA says their policies dont exempt you from the MLS, but IMAN say theirs do (though nothing about it on their website). Just wondering if anyone knows anything about it? Feel like the whole healthcare set up for temp. residents is a money-taking exercise. We could end up paying $4800 on health ins policy, then an extra 2.5% of salary for Medicare too. Its a joke!!!
Before you do your tax return, you apply for an exemption http://www.medicareaustralia.gov.au/...ses_011005.pdf
however it depends which country you are from (see link).
Aug 16th 2006, 1:16 pm
#4
Just Joined
Thread Starter
Joined: Jul 2006
Posts: 9
Re: 457 health insurance and medicare levy surcharge?
Am from the UK so we know we are going to have to pay the Medicare charge of 1.5% and not eligible for an exemption. Just trying to work out if we will be exempt from the extra surcharge if we earn over $100k, as none of the health insurers giving me a clear answer on this one.
Aug 16th 2006, 1:47 pm
#5
Gone Senile Member
Joined: Sep 2001
Location: Sydney
Posts: 3,014
Re: 457 health insurance and medicare levy surcharge?
Originally Posted by carrot
Am from the UK so we know we are going to have to pay the Medicare charge of 1.5% and not eligible for an exemption. Just trying to work out if we will be exempt from the extra surcharge if we earn over $100k, as none of the health insurers giving me a clear answer on this one.
Cheers
