Lifetime Health Cover Loading

Yes. The Lifetime Health Cover Loading (LHCL) does apply to a dependant over the age of 31, which may result in an increase to your health insurance premium.  The LHCL is a penalty imposed on people taking out Hospital Cover for the first time after the age of 31. If a dependant with a disability...

You will be exempt from paying the Lifetime Health Cover Loading on your Hospital Cover if you:

If you are an Australian citizen or permanent resident who has been living overseas on your Base Day and return to Australia permanently, the Lifetime Health Cover Loading rules are different.  There are two factors that will affect your Loading: Once you have calculated your Base Day, you can calculate your Lifetime Health Cover Loading...

If you are an Australian who lives overseas and returns to Australia temporarily, your Lifetime Health Cover Loading will depend on your particular situation.  There are 3 factors that could affect your Loading:

If you are a new migrant to Australia, the Lifetime Health Cover Loading and Base Day rules are different. If you are a new migrant, your Base Day will be the later of: For example:

The Lifetime Health Cover Loading rules apply to people with a disability. As a dependent person with a disability who takes out Hospital Cover for the first time after your Base Day, you will have to pay a 2% loading for every year you are aged over 30.

Yes. You will have to pay the Lifetime Health Cover Loading if there was a gap in your Hospital Cover. However, if you had Hospital Cover on your Base Day and then cancelled or suspended your Hospital Cover, and the gap in your Hospital Cover is less than 1,094 days (3 years minus 1 day)...

If you live in Australia permanently, your Base Day will be the later of 1 July 2000 or 1 July following your 31st birthday. For example: If you are a new migrant to Australia or an Australian who has been living overseas, the rules about how to calculate your Base Day are different. A quick...