It appears that you are not using the latest version of Internet Explorer. Please update to the latest of Internet Explorer to view this page properly. Please click here to update.
x

Earn over $90,000?

Can you benefit at tax time?

Learn how to avoid the Medicare Levy Surcharge (MLS) with great value Hospital Cover

Earn over $90,000?

Can you benefit at tax time?

Learn how to avoid the Medicare Levy Surcharge (MLS) with great value Hospital Cover

Avoid the MLS

Tax time can be confusing enough without having to worry about the Medicare Levy Surcharge (MLS). That’s where Health Partners comes in.

If you’re single and earn over $90,000 (or $180,000 for families and couples), our private hospital cover could reduce your income taxes by avoiding the MLS.

Show me an example

1. Income and premiums displayed for the entire tax year. Quoted Basic Hospital Plus premiums are for a single living in SA earning $90,001-105,000 aged under 65 (include the Tier 1 Govt. Rebate, or 16.706%). Calculation does not include COVID-19 reduced rate.

2. Assumes taxpayer has no dependents

3. If the procedure’s clinical category is included on the Basic Hospital Plus cover (includes Joint reconstructions, Tonsils, adenoids and grommets and Dental surgery). Private room is subject to availability.

4. SA Ambulance Service, 2020

Here's how it works

  • When you earn more than the above thresholds, you have to pay the MLS when you lodge your tax return.
  • The Australian Government introduced the MLS to reduce demand on the public health system by encouraging those on higher incomes to take out private health insurance. The MLS is additional to the standard Medicare Levy, which is unavoidable to most Australian taxpayers.
  • It’s worth mentioning you’re still eligible for Medicare if you hold private hospital cover.

MLS Income Tiers

To make things simple, we’ve broken it down for you. The surcharge starts at 1% of your income for MLS purposes, rising as your income increases. So, take a look at the table below to see if health cover is right for you.

Singles
Under $90,000$90,001 – $105,000$105,001 – $140,000$140,001+
Families
Under $180,000$180,001 – $210,000$210,001 – $280,000$280,001+
Surcharge
0%1%1.25%1.5%

Source: www.privatehealth.gov.au
* Single parents and couples (including de facto couples) are subject to family tiers. For families with children, the thresholds are increased by $1,500 for each child after the first.

Avoid the MLS

Tax time can be confusing enough without having to worry about the Medicare Levy Surcharge (MLS). That’s where Health Partners comes in.

If you’re single and earn over $90,000 (or $180,000 for families and couples), our private hospital cover could reduce your income taxes by avoiding the MLS.

Show me an example

1. Income and premiums displayed for the entire tax year. Quoted Basic Hospital Plus premiums are for a single living in SA earning $90,001-105,000 aged under 65 (include the Tier 1 Govt. Rebate, or 16.706%). Calculation does not include COVID-19 reduced rate.
2. Assumes taxpayer has no dependents
3. If the procedure’s clinical category is included on the Basic Hospital Plus cover (includes Joint reconstructions, Tonsils, adenoids and grommets and Dental surgery). Private room is subject to availability.
4. SA Ambulance Service, 2020

Here's how it works

  • When you earn more than the above thresholds, you have to pay the MLS when you lodge your tax return.
  • The Australian Government introduced the MLS to reduce demand on the public health system by encouraging those on higher incomes to take out private health insurance. The MLS is additional to the standard Medicare Levy, which is unavoidable to most Australian taxpayers.
  • It’s worth mentioning you’re still eligible for Medicare if you hold private hospital cover.

MLS Income Tiers

To make things simple, we’ve broken it down for you. The surcharge starts at 1% of your income for MLS purposes, rising as your income increases. So, take a look at the table below to see if health cover is right for you.

Singles
Under $90,000$90,001 – $105,000$105,001 – $140,000$140,001+
Families
Under $180,000$180,001 – $210,000$210,001 – $280,000$280,001+
Surcharge
0%1%1.25%1.5%

Source: www.privatehealth.gov.au
* Single parents and couples (including de facto couples) are subject to family tiers. For families with children, the thresholds are increased by $1,500 for each child after the first.

Why get hospital cover when there's a public system?

  • Jump the queue

    Read more

    With Hospital Cover you can avoid long public hospital waits, which can take months or even years, by choosing your own doctor and timing for treatment.

  • Choose your own specialist

    Read more

    Choose your own specialist

    You get to choose your own specialist, as well as where and when you’ll be treated.

  • Have the same specialist care from start to finish

    Read more

    Have the same specialist care from start to finish

    Continuity of care is something that can’t be undervalued.

  • Recover in the privacy of your own room

    Read more

    Recover in the privacy of your own room

    All levels of hospital policies cover you for a private room, where one is available, giving you comfort and privacy during your recovery.

Why get hospital cover when there's a public system?

  • Jump the queue

    Read more

    Jump the queue

    With Hospital Cover you can avoid long public hospital waits, which can take months or even years, by choosing your own doctor and timing for treatment.

  • Choose your own specialist

    Read more

    Choose your own specialist

    You get to choose your own specialist, as well as where and when you’ll be treated.

  • Have the same specialist care from start to finish

    Read more

    Have the same specialist care from start to finish

    Continuity of care is something that can’t be undervalued.

  • Recover in the privacy of your own room

    Read more

    Recover in the privacy of your own room

    All levels of hospital policies cover you for a private room, where one is available, giving you comfort and privacy during your recovery.

Limits, waiting periods, restrictions and exclusions may apply. Benefits vary according to cover level- those noted throughout this page provide a snapshot of some that may apply when using a Health Partners Participating Provider or Hospital, and may relate to specific item numbers or incorporate further terms and conditions. 20% Pharmacy discount applies to most non-prescription items at Participating Pharmacies, to eligible Health Partners members with Extras cover. Conditions and exclusions apply, refer www.healthpartners.com.au/generous-extras/pharmacy/ for full details and to find your nearest Provider.

Refer to individual cover details  and the Health Partners Member Guide for more information.

Canstar Most Satisfied Customers 2019 Health Insurer
Canstar Most Satisfied Customers 2019 Health Insurer

Canstar awarded ‘Most Satisfied Health Insurance Customers’ 2 years running

Health Partners are proud to provide better value for money, more comprehensive health cover and better customer service Australia-wide.

Canstar Most Satisfied Customers 2019 Health Insurer
Canstar Most Satisfied Customers 2019 Health Insurer

Canstar awarded ‘Most Satisfied Health Insurance Customers’ 2 years running

Health Partners are proud to provide better value for money, more comprehensive health cover and better customer service Australia-wide.

Choose great value hospital cover
to suit your needs and budget

*Premiums displayed are for applicants in SA entitled to base tier Australian Government Rebate, nil Lifetime Health Cover loading and $750 excess (relating to Hospital Cover only), and paid via direct debit.

Switching from another health fund? No worries!

We do all the paperwork
& contact your insurer

Waiting periods already
served switch with you

30 day cooling off period
to make sure you’re happy

What our happy customers have to say