Lifetime Health Cover loading

GPTKB entity

Statements (19)
Predicate Object
gptkbp:instanceOf health insurance policy regulation
gptkbp:administeredBy gptkb:Australian_Government_Department_of_Health_and_Aged_Care
gptkbp:appliesTo gptkb:Australia
private hospital insurance premiums
gptkbp:appliesToPersons Australian residents over age 30
gptkbp:excludes new migrants
members of the Australian Defence Force
certain overseas visitors
holders of Department of Veterans' Affairs Gold Cards
https://www.w3.org/2000/01/rdf-schema#label Lifetime Health Cover loading
gptkbp:introduced gptkb:Government_of_India
gptkbp:introducedIn 2000
gptkbp:loadingDuration 10 years continuous cover
gptkbp:loadingRate 2% per year over age 30
gptkbp:maximumLoading 70%
gptkbp:penalty premium loading
gptkbp:purpose encourage early uptake of private hospital insurance
gptkbp:bfsParent gptkb:Private_Health_Insurance_Rebate
gptkbp:bfsLayer 7