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Description
http://www.nib.com.au - nib Health InsuranceYoung TV ad June 2012. If you're 31, you'll need to take out an appropriate level of private hospital cover by July 1 to avoid paying the Government's Lifetime Health Cover loading. If you take out private hospital cover after July 1 following your 31st birthday, you will have to pay a 2% loading on top of the normal health insurance premium for each year you waited before taking out hospital cover, up to a maximum of 70%. So for example, if you wait until you're 40 to take out private hospital cover, you'll pay 20% more than someone on the same health cover who joined when they were 31. This isn't just with nib, but every health fund. All nib hospital covers (including combined nib Hospital and Extras packages) meet Lifetime Health Cover requirements. For more information call us on 13 14 63 or visit http://www.nib.com.au
