Lifetime Health Cover Loading

The Lifetime Health Cover Loading Base Day is the date the Australian Government uses to calculate whether you will have to pay the Lifetime Health Cover Loading. If you permanently live in Australia, your Base Day will be the later of:  If you take out Hospital Cover after your Base Day, you will have to...

To calculate how much is your Lifetime Health Cover Loading, you can either use the healthslips.com.au Calculator or take the following steps:

If you have to pay the Lifetime Health Cover Loading because you took out Hospital Cover for the first time when you were over 31, you will have to pay it for 10 years. Here are some examples of how the Lifetime Health Cover Loading works in practice (based on birthdays falling before 1 July):

The Lifetime Health Cover Loading is an extra charge you have to pay if you take out Hospital Cover after the age of 31 unless you fall into one of the exemptions.  It is a 2% loading you will pay on top of your Hospital Cover for every year you are over the age of...

In this Guide, we explain the Lifetime Health Cover Loading, which is an extra charge you may have to pay if you take out Hospital Cover after the age of 31.  This is one of the ways the Australian government persuades people to take out Hospital Cover earlier in life. If you are over 31...