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1 in 2 Aussies with health cover are uninformed about Lifetime Health Cover loading, or how it affects them

By | Health, Press Release | No Comments

Australians who do not have hospital cover from 1 July after their 31st birthday and only take it out later in life will have to pay an annual 2% cumulative yearly loading on top of their premium for up to 10 years. Yet new findings reveal almost half (47%) of Aussies don’t understand what Lifetime Health Cover is.

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