Save on tax with hospital cover

Most Australians are subject to a Medicare Levy of 1.5% of their taxable income. An additional 1% tax, the Medicare Levy Surcharge, is imposed on:

individuals earning more than $50,000 per year *
couples and families with a combined income of more than $100,000 per year *

You can avoid paying the Surcharge by taking out Private Hospital Cover, which in some cases, could be less than the surcharge itself. In order to be eligible, your cover must have an excess no greater than $500 per year for singles or $1,000 per year for couples/families. Extras only cover does not qualify.

Find out now

My status
My taxable income per year	$
Partner's income per year	$
Number of dependents (children under 18)

Medicare Levy Surcharge	$	per year
	$	per month

Avoid the Medicare Levy Surcharge. Compare prices and policies from some of Australia's leading health funds to find the hospital cover you need. It takes just minutes to join on-line and start saving on tax.

* these thresholds are expected to increase to $100,000 for singles and $150,000 for couples and families in the new Federal Budget, however this change has not yet passed through Senate and is therefore not currently effective.