Westfund December 2013 | Page 32

32 Additional Information The financial benefits of health insurance The Federal Government encourages people in a number of ways to have health insurance: Australian Government Rebate on Premiums If you have health insurance with Westfund and you’re eligible for Medicare, you may receive 10% to 40% back on your premium, depending on your income and your age. You may choose to reduce your premium as you go or claim it with your yearly tax return. The Medicare Levy Surcharge If you’re a couple earning more than $176,000 or a single earning more than $88,000 and you don’t have private health cover, your Medicare Levy can increase by between 1% and 1.5% of your taxable income. You can easily avoid this by joining one of our Hospital covers. Almost 31 or older? Avoid paying more If you don’t get private health insurance hospital cover before you turn 31, you pay a loading of 2% on your base hospital cover premium for each year your age exceeds 30. This loading is only removed after 10 years of continuous hospital cover. We’re here to help you find out more about these initiatives. Call us on 1300 937 838. Code of Conduct Westfund Health is a signatory to the Private Health Insurance Code of Conduct. The code is designed to help you by providing clear information and transparency in your relationship with health funds. You can get a copy of the code at www.privatehealth.com.au/codeofconduct Resolving any complaints If you have any complaints about your health cover, please contact us so we can resolve it: email us at [email protected] call into one of our branches telephone us on our member number 1300 552 132 If you feel that your problem has not been ???????????????????????????????)?????????????????????Q???A????!?????%????????=???????($??????????????????($?????????????????($?????????????????????((