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Health Insurance News

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.

15/05/2009 - 6:20pm

In the 2009-10 Budget, the Australian Government proposed changes to both the Private Health Insurance Rebate and the Medicare Levy Surcharge (MLS) tax rates.

The changes are not proposed to take effect until July 2010 and require senate approval to become legislation.   The Federal Opposition has advised that they will not support the proposed changes.

02/03/2009 - 11:35am

Private health insurance premiums will increase by an average of 6.02 per cent from 1 April 2009. Any increase puts pressure on families. However, the Government was determined to restrict increases to the minimum necessary to meet legal requirements, including maintaining the solvency of insurers.

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