Medicare vs. private health (HSC SSCE Personal Development and Physical Education): Flashcards

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Medicare vs. private health
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What is Medicare in Australia?

Australia's public health system for citizens and residents.

What does Private Health Insurance cover?

Services not fully covered by Medicare, like dental care.

When did Medicare begin in Australia?

Medicare began in 1984 to ensure healthcare access.

How is Medicare funded?

Through taxes and a 1.5% Medicare Levy on income.

What is the Medicare Levy Surcharge?

Extra tax for high earners without private insurance.

What services are excluded from Medicare?

Dental care, physiotherapy, and chiropractic treatments.

What are the benefits of Private Health Insurance?

Access to private hospitals and shorter waiting times.

What is the Lifetime Health Cover (LHC)?

Adds 2% to premiums each year after 30 without cover.

What trend was observed in private health coverage?

46% were covered in 2011, up from 43.4% in 2007.

How do socioeconomic factors affect health choices?

Higher income and education lead to more private insurance.

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