Advertisement
Shutterstock/Andrei_R
Your Say

Poll: Do you have health insurance?

About 100,000 people have taken out health insurance in recent years to beat ‘age loadings’.

IN MAY 2015, the government introduced the Lifetime Community Rating (LCR) legislation to incentivise younger people to get health insurance, which is essential for the viability of our community-rated system.

This means that everyone should pay the same for their health cover irrespective of age, gender or medical history. As a result of the LCR, anyone who doesn’t get health insurance before they turn 35 will be liable for ‘age loadings’ equivalent to an additional 2% for each year over the threshold.

It’s estimated that approximately 100,000 people took out health insurance in recent years to beat these loadings, as a health analyst outlines here.

We want to know: Do you have health insurance?


Poll Results:

Yes, and I'm older than 34 (7377)
No, and I don't plan to (3349)
Yes, and I'm 34 or younger (2477)
No, but I will soon (1108)
I'm not sure (182)

Your Voice
Readers Comments
82
This is YOUR comments community. Stay civil, stay constructive, stay on topic. Please familiarise yourself with our comments policy here before taking part.
Leave a Comment
    Submit a report
    Please help us understand how this comment violates our community guidelines.
    Thank you for the feedback
    Your feedback has been sent to our team for review.

    Leave a commentcancel