Medicare levy
Jun 5th 2007, 4:26 am
#1
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Medicare levy
We got PR in Nov 2005 but we're only moving to Oz in August. We have full medical insurance/SOS/dental etc through my OHs company. I've read somewhere about a 12 month window for getting insurance or you get hit with a big 12% levy. Does this window count from when PR was issued or actually arriving in the country?
Can anyone point me in the right direction/website?
Thanks
Galba
Can anyone point me in the right direction/website?
Thanks
Galba
Jun 5th 2007, 4:32 am
#2
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Joined: Jan 2006
Location: Magnolia, TX
Posts: 2,762
Re: Medicare levy
In actual fact as a new migrant your age is capped at 30 if you take out insurance during the first year (no matter how old you are). After that there is a 2% increase in premiums for every year over 30 years of age when you first take insurance out.
Hope this helps.
Lou
xx
Forgaot that's 12 months from when you become resident in the country.
Hope this helps.
Lou
xx
Forgaot that's 12 months from when you become resident in the country.
We got PR in Nov 2005 but we're only moving to Oz in August. We have full medical insurance/SOS/dental etc through my OHs company. I've read somewhere about a 12 month window for getting insurance or you get hit with a big 12% levy. Does this window count from when PR was issued or actually arriving in the country?
Can anyone point me in the right direction/website?
Thanks
Galba
Can anyone point me in the right direction/website?
Thanks
Galba
Jun 5th 2007, 4:45 am
#3
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Joined: Jul 2005
Posts: 430
Re: Medicare levy
In actual fact as a new migrant your age is capped at 30 if you take out insurance during the first year (no matter how old you are). After that there is a 2% increase in premiums for every year over 30 years of age when you first take insurance out.
Hope this helps.
Lou
xx
Forgaot that's 12 months from when you become resident in the country.
Hope this helps.
Lou
xx
Forgaot that's 12 months from when you become resident in the country.
Do you know of a website that has all that in official terms. OH doesn't believe anything I say on the matter unless it has been stated on an official website 
.Galba
Jun 5th 2007, 4:54 am
#4
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Joined: Jan 2006
Location: Magnolia, TX
Posts: 2,762
Re: Medicare levy
Try this link Galba http://www.health.gov.au/internet/wc...viders-faq.htm
It's actually called the lifetime health cover loading. The medicare levy is what you pay if you earn over a certain amount and don't have private health insurance.
Lou
xx
It's actually called the lifetime health cover loading. The medicare levy is what you pay if you earn over a certain amount and don't have private health insurance.
Lou
xx
Jun 5th 2007, 6:21 am
#5
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Re: Medicare levy
Try this link Galba http://www.health.gov.au/internet/wc...viders-faq.htm
It's actually called the lifetime health cover loading. The medicare levy is what you pay if you earn over a certain amount and don't have private health insurance.
Lou
xx
It's actually called the lifetime health cover loading. The medicare levy is what you pay if you earn over a certain amount and don't have private health insurance.
Lou
xx
Jun 5th 2007, 9:14 am
#6
Ok this isn't so bad
Joined: Aug 2005
Location: Dundee (Scotland) now Bayside Brisbane
Posts: 4,824
Re: Medicare levy
In actual fact as a new migrant your age is capped at 30 if you take out insurance during the first year (no matter how old you are). After that there is a 2% increase in premiums for every year over 30 years of age when you first take insurance out.
Hope this helps.
Lou
xx
Forgaot that's 12 months from when you become resident in the country.
Hope this helps.
Lou
xx
Forgaot that's 12 months from when you become resident in the country.
Cheers
Ginny
Jun 5th 2007, 9:39 am
#7
Look at moi!!!
Joined: Jan 2006
Location: Magnolia, TX
Posts: 2,762
Re: Medicare levy
I read this on another forum and our private healthcare provider (and the others I got quotes from) confirmed it. Sure I've read it somewhere else too...
Lou
xx
Lou
xx
Jun 5th 2007, 10:02 am
#8
Ok this isn't so bad
Joined: Aug 2005
Location: Dundee (Scotland) now Bayside Brisbane
Posts: 4,824
Re: Medicare levy
Thanks
Ginny
Jun 5th 2007, 10:38 am
#9
Look at moi!!!
Joined: Jan 2006
Location: Magnolia, TX
Posts: 2,762
Re: Medicare levy
It's from landing according the letter medicare gave us to give our private health provider. The good news is that there are cahnges coming in on the 1st July so if you keep up private hospital cover for some time then eventually you no longer have to pay the loading - can't remember how long though - sorry.
Lou
xx
Lou
xx
Jun 5th 2007, 10:43 am
#10
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Joined: Nov 2005
Location: at the bottom of a wine glass
Posts: 28,176
Re: Medicare levy
It's from landing according the letter medicare gave us to give our private health provider. The good news is that there are cahnges coming in on the 1st July so if you keep up private hospital cover for some time then eventually you no longer have to pay the loading - can't remember how long though - sorry.
Lou
xx
Lou
xx
10 Years.
Jun 5th 2007, 11:49 am
#12
Ok this isn't so bad
Joined: Aug 2005
Location: Dundee (Scotland) now Bayside Brisbane
Posts: 4,824
Re: Medicare levy
Thanks for the info guys...
Cheers
Ginny
Cheers
Ginny
