-The government kicks in 30% of the cost of private insurance for those earning under $250000. If you don't have private insurance by the age of 30 this drops 1% per year (ie: if you first take it out at 40 they pay 20%, 10% @ 50 etc)
-If you earn over $75000 and don't have private insurance you pay an extra 1.5% income tax.
-The best cover is around $250/month for singles $450/month for a family. The cheap options are $50 and $150/month (less if you want just hospital cover or just extras cover). From what I can tell, this is HEAPS cheaper than in the US.
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Date: 18/11/10 03:37 (UTC)-The government kicks in 30% of the cost of private insurance for those earning under $250000. If you don't have private insurance by the age of 30 this drops 1% per year (ie: if you first take it out at 40 they pay 20%, 10% @ 50 etc)
-If you earn over $75000 and don't have private insurance you pay an extra 1.5% income tax.
-The best cover is around $250/month for singles $450/month for a family. The cheap options are $50 and $150/month (less if you want just hospital cover or just extras cover). From what I can tell, this is HEAPS cheaper than in the US.