6.4 Private Health Insurance

Private Health Insurance members must pay a ______________ in return for payment towards health-related costs not covered by Medicare

• Schedule fee

• Co-payment

• The gap

• premium

If a member who had hospital + extras cover under their private health insurance policy, they would be covered for:

• Accomodation in private hospitals, plus diagnostic tests such as x-rays and CT scans

• Private hospital costs not covered by Medicare, plus services such as physiotherapy

• Private hospital costs not covered by Medicare, plus all GP consultations

• Treatment and accomodation in a public hospital

An advantage of a patient having private health insurance is:

• Patients have a choice of doctor while in a public or private hospital

• Shorter waiting times for medical procedures such as elective surgery

• Helps to keep the costs of Medicare under control

• All of the above

People earning more than $90 000 a year as individuals, or $180 000 for families, pay an extra tax if they do not purchase private health insurance. Which incentive is this?

• Lifetime health cover

• Medicare levy surcharge

• Medicare levy

• Private health insurance rebate

The purpose of the Lifetime Health Cover incentive is:

• It incentivises people with a high-income earners to take out private health insurance

• It encourages younger people to take our private health insurance

• It offsets the cost of providing healthcare for older Australians, who are more likely to need it

• Both B and C