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Health Insurance News

10/06/2010 - 1:00am

Under the Tax Laws Amendment (Medicare Levy Surcharge Thresholds) Act (No 2) 2008, the income thresholds are indexed each year by using indexation factors calculated for full time adult average weekly ordinary time earnings. 

The Australian Taxation Office (ATO) has advised that for the 2010-11 income tax year the income thresholds will be as follows: 
• Singles Surcharge Threshold: $77,000 
• Family Surcharge Threshold: $154,000 (the family threshold increases by $1,500 for each dependent child after the first). 

13/05/2010 - 1:00am

The federal government has announced an additional 9150 places for the employer-sponsored migration program which will be balanced by a cut of 3600 general migration places.

The overall size of Australia's migration program will remain the same but there will be a greater focus on the nation's skills needs.

07/05/2010 - 1:00am

The Australian Government has decided to temporarily suspend the acceptance of certain General Skilled Migration (GSM) visa applications. This temporary measure will begin on 8 May 2010 and is expected to remain in effect until the end of 30 June 2010.

The temporary suspension applies only to primary (main) applicants for the following visa subclasses: Subclass 175, 176 and 475.

12/04/2010 - 2:28pm

Latest industry research reveals patients are waiting more than 100 days for admission to a public hospital - an increase of around 40% in the past two years.

25/03/2010 - 12:09pm

Medibank Private has announced that it will exclude restricted cover services from hospital policies. It is believed that the change will affect hundreds of thousands of Medibank Private Members, leaving them uninsured for a range of common operations.

10/03/2010 - 10:44am

The Federal Government has been given another double-dissolution election trigger with the Senate blocking changes to private health insurance for a second time.

04/03/2010 - 10:39am

The Rudd government has announced a $30.9 billion funding takeover in a bid to fix Australia's public hospitals.

24/02/2010 - 8:35am

Ms Nicola Roxon the Minister Health and Ageing has released confirmation that she has approved an average health insurance premium increase of 5.87 per cent.   This increase is lower than last year of 6.02 per cent.

23/12/2009 - 1:35pm

Australian employers are facing serious challenges trying to attract and retain workers in an era of a shrinking and  ageing workforce. Many of these employers are meeting this challenge with a range of workplace strategies to enable  them to claim “employer of choice” in their particular sector. Another emerging challenge is that the workforce is facing major health risks. Heart disease, obesity, diabetes, cancer and stress are issues that no employer can afford to ignore.

23/12/2009 - 1:19pm

From 14 September 2009, under visa Condition 8501, all new Subclass 457 visa holders are responsible for all health costs for themselves and their family. They will be required by law to maintain adequate insurance for these health costs for the length of their visa. Applicants for Subclass 457 visas will need to provide evidence that they have obtained adequate insurance before their visa can be granted.

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