PHI Sales Quiz

I've just become a permanent resident, can I purchase PHI without LHC?

• Yes, as long as you purchase PHI within the first 12 months of being in Australia

• Yes, as long as you purchase a hospital cover within 12 months of receiving Medicare

• Yes, as long as you purchase a hospital cover within the first 6 months of arriving in Australia

• No, you will be subject to LHC if you are over 31

If my taxable income is $125,000 as a single, my MLS would be...

• $1,250

• $1,562.50

• $1,875

What is the main distinction between a Gold-tier private hospital cover and a Bronze-tier private hospital cover?

• Gold-tier cover is only available for people over 60, while Bronze-tier cover is available for all ages.

• Gold-tier cover includes unlimited psychiatric treatment, while Bronze-tier cover does not cover any mental health services.

• Gold-tier cover includes cover for all 38 clinical categories, while Bronze-tier cover includes only the minimum categories like treatment of cancer and general surgery.

• Gold-tier cover includes dental and optical services, while Bronze-tier cover does not.

What is not covered by PHI?

• Ambulance

• Specialists Appointments

• GP Appointments

• Outpatient Blood Tests, Ultrasounds & X-Rays

• PBS Scripts

When does an Extras Benefit year reset?
Select all that apply

• Calendar Year

• Financial Year

• Membership Year

• Rolling Year

LHC will be applied when...

• When someone turns 31 and doesn't hold Private Health Insurance

• When someone turns 31 and doesn't hold Private Hospital Insurance

• After the new Financial Year following someone turing 31 and not holding Private Health Insurance

• After the new Financial Year following someone turing 31 and not holding Private Hospital Insurance

If someone believes purchasing a Hospital policy will reduce their Medicare Levy and their Taxable Income as a single is $87,000, what should you advise?

• They will be able to save 1% extras Tax when purchasing a Hospital policy

• Explain the difference between the Medicare levey and the Medicare levy Surcharge and that they will still pay 2% towards the MLS

• Explain that each day they hold a Hospital policy they will no longer have to pay the Medicare Levy

• There is nothing that needs to be said at all, this is a trick question

A customer has a pre-existing condition and is worried about waiting periods for hospital cover. How would you explain this?

• Waiting periods are only 2 months for pre-existing conditions.

• There is no waiting period for pre-existing conditions with private insurance.

• There is a 12-month waiting period for pre-existing conditions, reassure the customer after which they’ll be covered.

• Pre-existing conditions are never covered by private insurance.

What is included in Portability?

• All waiting periods are transferred over to the new fund

• Any upgrades will have a waiting period to serve

• Any claims previously made will be carried over and deducted off the new limits

• The transfer process can take up to 21 days

Mary and Bob both require a Gallbladder to be removed. Mary is on a Gold Hospital and Bob is on a Bronze Hospital. Who will be covered to a higher degree for this surgery?

• Mary as she is on a Gold Hospital, she receives more cover towards the Gallbladder operation

• Both Mary and Bob will receive the same cover and treatment

• Mary as Bob's policy will not cover the Gallbladder operation