Lifetime Health Cover loading (LHC) is a government imposed penalty on private health insurance premiums, put in place to encourage Australians to take out private health insurance earlier in life. It is very important to be aware if you have any LHC before signing up for a policy (especially online) because it will affect the price – sometimes considerably. LHC can be so utterly complex that it is highly recommended that you speak to an experienced health insurance adviser to help you calculate any loading before comparing health insurance funds. Contact us for Lifetime health cover loading explained
Lifetime Health Cover loading (LHC) is a government imposed penalty on private health insurance premiums, put in place to encourage Australians to take out private health insurance earlier in life. It is very important to be aware if you have any LHC before signing up for a policy (especially online) because it will affect the price – sometimes considerably. LHC can be so utterly complex that it is highly recommended that you speak to an experienced health insurance adviser to help you calculate any loading before comparing health insurance funds. Contact us for Lifetime health cover loading explained
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