Private Health Insurance – Further Exploration (VCE SSCE Health and Human Development): Quizzes
📚Quizzes
Practise the questions
10 questions from this quiz
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Practise the questions
10 questions from this quiz
What is a premium in private health insurance?
What is a premium in private health insurance?
The amount paid regularly for coverage
What proportion of all hospital beds in Australia do private hospitals provide?
What proportion of all hospital beds in Australia do private hospitals provide?
Approximately one-third
Which service is covered by all four hospital cover tiers?
Which service is covered by all four hospital cover tiers?
Rehabilitation services
Which type of service is included in general treatment cover (extras)?
Which type of service is included in general treatment cover (extras)?
Physiotherapy
What percentage of the schedule fee does Medicare contribute for private hospital services?
What percentage of the schedule fee does Medicare contribute for private hospital services?
75%
What rebate % do individuals earning $100,000 annually receive?
What rebate % do individuals earning $100,000 annually receive?
8%
A person takes out hospital cover at age 45. What is their Lifetime Health Cover loading?
A person takes out hospital cover at age 45. What is their Lifetime Health Cover loading?
30%
What is the individual income threshold for the Medicare levy surcharge?
What is the individual income threshold for the Medicare levy surcharge?
$90,000 per year
What age-based discount does a 27-year-old receive when taking out hospital cover?
What age-based discount does a 27-year-old receive when taking out hospital cover?
6%
What happened to private health insurance membership after the 30% rebate was introduced in 1999?
What happened to private health insurance membership after the 30% rebate was introduced in 1999?
It increased sharply