Lifetime Health Cover is a federal government initiative designed to encourage people to take out private hospital cover at a younger age and maintain it throughout their lifetime.

The Medicare Levy Surcharge is an extra tax paid by Australian taxpayers who do not have an appropriate level of private hospital cover and are considered by the Australian Government to be high income earners.

The Australian Government Rebate on Private Health Insurance helps reduce the cost of health insurance premiums. The Rebate you are entitled to will depend on your income and age.