How is my LHC loading affected if I want to change from a single policy to a family or couples policy?
If in the future you decide to take up family or couples cover, there is no problem doing so. The premium that you pay for your couples or family cover will take into account your LHC age as well as you partner’s LHC age. In case of joint hospital cover, the LHC loading is determined by averaging out the respective loadings of the adults covered by the policy. So, if two adults decide to purchase a family hospital cover policy and both are liable to pay a LHC loading, then their health insurer will determine the applicable LHC loading by adding the two LHC loadings together and then dividing the result by 2. The same would apply if only one of the adults covered by the same family hospital cover policy had a LHC loading.
Related Questions
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