Why Hospital Cover is good for your health and your wealth
Having health insurance can make a big difference to how deep you have to dig into your pockets when it comes time to pay the taxman.
If you have Private Hospital Cover it is important to let your tax consultant know. This is why we have a Tax Statement for you. Anyone earning over $90,000 a year as a single or $180,000 as a couple or family will need to pay the Medicare Levy Surcharge. What is it? It’s an additional tax you will be charged once you earn over a certain amount if you don’t have private hospital cover. That's why it is good to maintain your private hospital cover. Click here to learn more about the Medicare Levy Surcharge.