Health Insurance

Three ASX healthcare stocks that closed higher today - MXC, TLX, RHY

Image description: ASX Healthcare Stocks

The Australian benchmark index ASX 200 closed slightly up on 14 September 2021, gaining 0.233% to 7425.209, while the healthcare sector index traded down by 0.772%. Some healthcare space players listed on the Australian Securities Exchange (ASX) a...

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What Is Lifetime Health Cover (LHC) Loading?

What Is Lifetime Health Cover (LHC) Loading?

Summary The Australian Government introduced Lifetime Health Cover (LHC) to inspire people to opt for private hospital cover sooner and then sustain it. LHC was introduced to encourage people to go for private healthcare, as the public healthca...

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HIF partners with LGP to improve cannabis access and fund future research

HIF partners with LGP to improve cannabis access and fund future research

Summary HIF and Little Green Pharma recently announced a partnership aimed at improving cannabis access and increase the affordability of medical cannabis products. This could be a significant update for the cannabis industry in Australia. Priv...

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Why is family health insurance important? What to consider while choosing one?

Why is family health insurance important? What to consider while choosing one?

Summary A family health insurance policy not only gives you peace of mind about your family’s wellbeing but can also help you save money for your children’s future. You must look at various plans and look for the best deal in a fami...

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What is private health insurance rebate?

What is private health insurance rebate?

Summary Private health insurance rebate is an additional government sponsorship to lower insurance premiums. The rebate is significantly impacted by an individual’s family situation, his/her age, and annual gross income. The Australian g...

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What does ‘excess’ mean in health insurance?

What does ‘excess’ mean in health insurance?

Summary Excess is an out-of-pocket cost that one needs to pay to get admission in a hospital if one arrives as a private patient. The health fund will cover all other expenses that were previously agreed under the policy contract. Singles can c...

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A glance at private health insurance players Latrobe, TUH Health Fund & health.com.au

A glance at private health insurance players Latrobe, TUH Health Fund & health.com.au

Summary The public healthcare insurance scheme termed as Medicare does not cover everything, leading to a need for private health insurance that offers a more comprehensive cover with a broader variety of healthcare options. However, not every ...

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What is Medicare Levy Surcharge?

What is Medicare Levy Surcharge?

Summary Most Australian residents need to pay a certain amount for public healthcare insurance as taxes. However, Medicare Levy Surcharge affects those that earn more than average. Medicare Levy Surcharge (MLS) will depend on how much one earns...

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How are Australia’s Insurance Players ASX:MPL and ASX:NHF Placed After FY20?

How are Australia’s Insurance Players ASX:MPL and ASX:NHF Placed After FY20?

Summary COVID-19 has presented a mixed bag of challenges and opportunities for the insurance sector with the rising need for protection. Medibank Private Ltd has delivered against its overarching strategy and introduced access to telehealth ser...

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Basics of Health Insurance: Here is what you should know

Basics of Health Insurance: Here is what you should know

Summary Australia’s private health insurance industry is extensive with nearly 40 players insurers. Three types of private health insurance are available in the country - hospital policy, general treatment, and ambulance policy. The citi...

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Public vs Private Health Insurance in Australia

Public vs Private Health Insurance in Australia

Sticking to your public insurance or getting a new private health policy with a range of benefits is one of the most critical doubts Australians have before they turn 31. When the government introduced the Lifetime Health Cover (LHC), more youngst...

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