News

Locals Confused by Private Health and Tax

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Local residents and families are being urged to consider private hospital cover as we approach the end of financial year.

It comes as a new survey reveals more than 1 in 2 (52%) Australians are confused about private health insurance and how it relates to tax.

The survey also found confusion around Lifetime Health Cover Loading which applies to those without hospital cover after the age of 31.

Jessie Petterd from iSelect says failing to take action before June 30 could end-up costing hundreds of extra dollars per year.

 

 

 

Image by Mona Tootoonchinia from Pixabay