If I join PHI now, do I have to pay medicare levy?

[AliBaby]

**Mods wasnt sure where to put this**

So leaving it a bit late but just saw an Advertisement on TV about Private health cover.


So if I join before June 30th, what happens with the medicare levy that I normally have to pay?


Is the medicare levy going to be more this year than any other year?

Any idea who I should join for if I want basic family cover for DP, DD and I?

[Joeve]

They make you pay the portion you were not in PHi for. So basically 11/12ths for this year. Thats what happened to me when I first joined about half way through the financial year about 5 years ago - I paid half. HTH x

[shellbell3]

You have to earn over a certain amount to be charged the levy and then its 1% I think of the entire income (not 1% of how ever much you go over the cutoff as I once thought)
If you join now like Joeve said you are only covered then for one month of the year and will be charged on the rest.

[Pandora]

Private Health insurance has nothing whatsoever to do with the medicare levy. Everyone pays the medicare levy unless you have an exemption.

ITs the medicare surcharge, which is on top of the medicare levy, that you have to pay if you dont have PHI and your income is over specified amounts.

You have to have had it for 365 (or 366 in leap year) days, so I think you pay a percentage of the surcharge for the period of time that you did not have cover.

[AliBaby]

Thanks girls.