Private health insurance

How many hospital policy tiers were introduced by the government in 2020?

• 4

• 3

• 2

• 6

How many private health insurance incentives are there to encourage people to get private health?

• 3

• 5

• 6

• 4

What does private health insurance cover?

• Everything

• Hospital insurance

• Extras cover

• All things covered in public health

If you do not purchase private hospital insurance, under the Medicare levy surcharge how much could you be charged?

• 1-1.5%

• 1.5-2%

• 2-3%

• 5%

An advantage of private health insurance is?

• Enables access to private hospital care

• Choice of doctor when in public or private hospital

• Shorter waiting periods for some selective surgeries

• Can be costly due to the premiums you have to pay

A disadvantage of private health insurance is:

• Sometimes there is a 'gap' cost for the patient

• members gain rebates

• No out of pocket costs

• Costly due to the premiums members have to pay

What is the order of the private health insurance incentives?

• 1-Lifetime health cover

  2-Age based discount

  3-Private health insurance rebate

  4-Medicare levy surcharge

• 1-Medicare levy surcharge

  2-Lifetime health cover

  3-Private health insurance rebate

  4-Age based discount

• 1-Private health insurance rebate

  2-Lifetime health cover

  3-Medicare levy surcharge

  4-Age based discount

• 1-Medicare levy surcharge

  2-Age based discount

  3-Private health insurance rebate

  4-Lifetime health cover

To receive a rebate on the premiums you pay for private health insurance, you must fall under what age?

• 30 years

• 40 years old

• 55 years old

• 65 years old

What are the hospital tier policies?

• Gold, grey, bronze, basic

• Gold, silver, bronze, white

• Gold, silver, bronze, basic

• Red, green, yellow, orange

What is private health insurance?

• It is an additional insurance product that can cover the cost of medical services.

• type of insurance that members pay a premium (fee) for payments towards health related costs that are not covered by Medicare.

• Type of insurance that is the same as public health

• Only selected individuals can have access to private health