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If you haven’t, you may need to pay Lifetime Health Cover loading
If they haven’t, you may need to pay Lifetime Health Cover loading
This means your premium will be increased by 2% for every year you weren’t covered after turning 31.
This calculation is an estimate only that will be confirmed on sign up.
Lifetime Health Cover (LHC) is a federal government initiative designed to encourage people to take out hospital insurance earlier in life and to maintain their cover.
All health insurers apply LHC loading to your premium. It’s a government requirement.
This information is important.
Please read and retain for future reference.