HD LeadGen Assessment

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This response will be reviewed and graded after submission.

This response will be reviewed and graded after submission.

Medicare is funded partly by a Medicare Levy (with exceptions for low-income earners), with the balance being provided by government from general revenue. 

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Cover 

Cover

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Dental Check Up –

Glasses –

1 visit Physio –

1 visit Chiro –

• 2 yearly check-ups at the dentist, that could add up to
• Josh and his wife needs to see a physio 8x a year, that’s another
• Josh and his 3 kids all wear glasses, that would add another

The total amount spent on ancillary items by Josh’s family is

The total cost now for Josh is

So for Josh the savings he will be making annually by having an extras cover is

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1. Customer’s
2. Customer’s

Lifetime Health Cover was designed to encourage people to take out insurance earlier in life and to maintain their cover. 

If you do not have hospital cover with an Australian registered health fund on your Lifetime Health Cover base day and then decide to take out hospital cover later in life, you will pay a loading on top of your premium for every year you are aged over .

In most cases, your Lifetime Health Cover base day is the 1st of July following your birthday. 

For example, if you take out hospital cover at age 40 you will pay more than someone who first took out hospital cover at age 30.

Medicare Levy Surcharge is an Australians must pay each year in their tax return if:

1.They don’t have ; and

2.Their is above a certain amount (thresholds)