LHC and Rebate

What is the maximum Lifetime Health Cover Loading (LHC)

• 100%

• 50%

• 70%

• 85%

What component of your cover does LHC apply to?

• Both Hospital & Extras

• Hospital only

• Extras only

Suspensions (policy) does not count towards your permitted absence days

• True

• False

A person must join private hospital cover before ?? to avoid the LHC loading

• 21st birthday

• 30th birthday

• 1 July following their 31st birthday

• 1 July following their 30th birthday

HAMBS operates with a 'threshold age', what is it?

• 30

• 31

People born on or before ?? are not affected by Lifetime Health Cover

• 10 Feb 1977

• 1 July 1954

• 1 July 1934

• 1 July 1944

Does the Government Rebate apply to the Lifetime Health Cover Loading portion of the premiums.

• Yes

• No

Under Lifetime Health Cover members are able to drop their hospital cover for how long before a loading applies?

• 2 years and 364 days

• 3 years

• 1 day short of 3 years

• 364 days

?% loading will be applied to their premium for each additional 365 days of absence

• 5%

• 1%

• 2%

Does a suspension count towards absence days, before a member's certified age at entry is affected?

• Yes

• No