How could Lifetime Health Cover Loading or the Medicare Levy Surcharge affect you?

Take a moment to Look ahead and review your health insurance. Not having the right cover, may have a significant impact on your household costs in the future.

As things like your age and income change, not having the appropriate Level of private hospital cover could start attracting unnecessary costs from Lifetime Health Cover Loading and the Medicare Levy Surcharge.

Talking to a financial adviser is a great way to give you confidence in your cover. An adviser can refer you for a review of your health insurance so you can find something more aligned to your needs, and via TAL Health Insurance, you’ll also receive a 5% discount on your cover.


LHC encourages people to take out and maintain private hospital cover earlier in life and it’s important for anyone over 30 years old without private hospital cover.

If you don’t have private hospital cover by July 1 following your 31st birthday, you will pay a 2% LHC loading on top of your premium for every year you don’t have hospital cover.


MLS is designed to reduce demand on the public Medicare system by charging a surcharge to taxpayers who do not have an appropriate level of private hospital cover and who earn above a certain income. The MLS is an extra 1% to 1.5% in tax on top of the normal 2% Medicare Levy everyone is required to pay.

Singles earning over $90,000 and families, including single-parent families and couples, earning over $180,000 without private hospital cover may have to pay a MLS, and keep paying it until private hospital cover is purchased.

To find out more about LHC or MLS or to review your health cover, ask your accountant to refer you to a financial adviser.

For More Information About TAL Health Insurance Visit


TAL Health Insurance is issued by nib health funds limited ABN 83 000 124 381 (nib), a registered private health insurer, and is arranged by TAL Services Limited ABN 60 076 105 130 (TAL Services) as an authorised agent of nib for which TAL Services receives commission.


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