What is the base rate premium?
The base rate premium is the price a person joining before 1st July following their 31st birthday would pay for hospital cover. This premium is set by individual health insurers. The base rate premium will vary between different health insurer products and between different health insurers and may increase over time as a result of cost pressures such as new, expensive health technologies and the ageing of the population.
The base rate premium is the price a person joining before 1st July following their 31st birthday would pay for hospital cover. This premium is set by individual health insurers. The base rate premium will vary between different health insurance products and between different health insurers and may increase over time as a result of cost pressures such as new, expensive health technologies and the ageing of the population. I am an Australian who was living overseas when LHC was introduced Under the LHC legislation, people who were Australian citizens or Australian residents on 1 July 2000 (when LHC was introduced) who turned 31 on or before 1 July 2000 and were overseas on 1 July 2000 are taken to have held hospital cover on their LHC base day. You can have returned to Australia for periods of up to 90 consecutive days, and still considered to be overseas. When you return to Australia for a period longer than 90 days you will be taken to be using your “permitted days without hospital c
