Skip to Content

Now you can access a range of health insurance policies designed to help you save on tax.

Our Tax Saver Selector takes the hard work out of choosing health insurance, bringing together suitable hospital policies that may cost less than the Medicare Levy Surcharge, so you can save money at tax time while receiving the benefits of private hospital cover.

Try it today and see you how much tax you can save. Enter your details and preferred level of cover to receive an immediate estimate.

  • All displayed health covers qualify for Medicare Levy Surcharge exemption and Lifetime Health Cover status retention for the period covered.
  • We have also included options for Extra covers, so you can add value to your health cover.
  • HICA’s services are free and without obligation.

Learn more about:

Please note

This Medicare Levy Surcharge (MLS) Calculator is for illustrative purposes only.  Whilst all care has been taken to accurately calculate MLS, the result shown is an estimate only.  You should seek your own professional legal and taxation advice regarding your specific MLS liability.  No liability will be accepted for any decisions based solely on the information provided by the Tax Saver Selector.

* All estimates are based on a year's cover of private health insurance at the current rate. Premiums may change on 1st April each year due to the approval of price increases by the Federal Government Minister for Health and the Government's adjustment to the private health insurance rebate.

Step 1 - Cover Scale

Select from the options below to estimate your Medicare Levy Surcharge (MLS).

WHO TO COVER

YOUR AGE BRACKET ?

YOUR TAXABLE INCOME ?

Tax Calculation

This is how much extra tax you'd pay under the Medicare Levy Surcharge (MLS) without private cover:

You Save*:

Step 2 - Cover Selection

HICA has sourced policies that may cost LESS than the Medicare Levy Surcharge... so you can have the benefits of private cover - AND save!

Click on the down arrow for cover details.

HOSPITAL COVER

or

COMBINED COVER

Extras

Step 3 - Premium Estimate

This is how much you would pay for the selected cover.

Premium:

Estimate based on 25.934% Federal Government Rebate on private health insurance and 0% Lifetime Health Cover Loading.

Change Rebate and Lifetime Health Cover »

You Save*:

PAYMENT FREQUENCY

PAYMENT TYPE

?FEDERAL GOVERNMENT REBATE

?LIFETIME HEALTH COVER LOADING

« Hide payment options

Step 4 - Proceed to Enrolment

or

or

Go back to the HICA website »