Hi
Apologies if this has been covered before.
I also would contact my accountant, but Its a public holiday and I'm keen to get further opinions
So, up until now i've not had any inclination to purchase private healthcare, I'm an active 31( hence the rush) year old who has had no need for heathcare( just Lucky sofar I guess)
My partner is full time studying so our combined income is below the 180k mark( mine over 100k but we should be assessed as defacto I believe)
So my question is am I going to save any money if I purchase Private healthcare?, I see that I paid approx 1500 in medicare levy last year and my partner( who has private healthcare) paid 140 ( could be due to her income tho)
I'm quite unlikely to utilize any of the services that come with private healthcare( apart from maybe dental) so this seems like a waste.
I also understand the Lifetime Health Cover Loading, but also wonder if there is savings to purchase healthcare now.
All of these services I seem to pay for I get very little benefit from, I understand that this is the way insurance is, but my risk seems low and this is why I've not purchased up until now.
Hopefully there is enough info above
Cheers
Apologies if this has been covered before.
I also would contact my accountant, but Its a public holiday and I'm keen to get further opinions
So, up until now i've not had any inclination to purchase private healthcare, I'm an active 31( hence the rush) year old who has had no need for heathcare( just Lucky sofar I guess)
My partner is full time studying so our combined income is below the 180k mark( mine over 100k but we should be assessed as defacto I believe)
So my question is am I going to save any money if I purchase Private healthcare?, I see that I paid approx 1500 in medicare levy last year and my partner( who has private healthcare) paid 140 ( could be due to her income tho)
I'm quite unlikely to utilize any of the services that come with private healthcare( apart from maybe dental) so this seems like a waste.
I also understand the Lifetime Health Cover Loading, but also wonder if there is savings to purchase healthcare now.
All of these services I seem to pay for I get very little benefit from, I understand that this is the way insurance is, but my risk seems low and this is why I've not purchased up until now.
Hopefully there is enough info above
Cheers